mega life and health insurance company
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| Berkshire Hathaway | |
 | |
| Type | Public (NYSE: BRKA, NYSE: BRKB) |
|---|---|
| Founded | 1965 (since current management took over) 1888 (when Hathaway Manufacturing was founded) |
| Headquarters | Omaha, Nebraska |
| Key people | Warren Buffett, CEO & Chairman Charlie Munger, Vice Chairman |
| Industry | Property and casualty insurance, Diversified investments |
| Products | Conglomerate focused on insurance |
| Revenue |  US $98.539 billion (2006) |
| Net income | US $11.015 billion (2006) |
| Employees | 217,000 mostly in subsidaries |
| Website | www.berkshirehathaway.com |
Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance and specialty nonstandard insurance. The Company averaged a phenomenal 25%+ annual return to its shareholders for the last 25 years while employing large amounts of capital and minimal debt.
Warren Buffett is the company's chairman and CEO. Buffett has used the "float" provided by Berkshire Hathaway's insurance operations (a policyholder's money which it holds temporarily until claims are paid out) to finance his investments. In the early part of his career at Berkshire, he focused on long-term investments in publicly quoted stocks, but more recently he has turned to buying whole companies. Berkshire now owns a diverse range of businesses including candy production; retail, home furnishings, encyclopedias, vacuum cleaners, jewelry sales; newspaper publishing; manufacture of and distribution of uniforms; and manufacture, import and distribution of footwear.
Even more about mega life and health insurance company
MEGA Life and Health Insurance Company
Provides a diversified line of health insurance and related products to small business owners and other individuals in all states except New York. Site offers access to clients, agents, and providers.
Mega Life Health Insurance Complaints, Scams, & Lawsuits
If you purchased a healthcare policy from MEGA Life and Health Insurance Company (MEGA), you may not ... Articles and Information MEGA life and health insurance company Lawsuit Articles and ...