Berkshire Hathaway’s Ajit Jain Cautions On Cyber Insurance Amid Risks: ‘Each Time You Write A Cyber Insurance Policy, You Are Losing Money’ – Aon (NYSE:AON), Arthur J. Gallagher (NYSE:AJG) – Beragampengetahuan
Cyber insurance has become a very fashionable space these days, said Ajit Jain, the vice chairman of insurance operations for Berkshire Hathaway Inc. BRK BRK. Over the last few years, it has become at least a $10 billion market globally. Speaking at Berkshire Hathaway’s annual shareholder meeting in Nebraska, Omaha, on Saturday, Jain said that the profitability of cyber insurance is also reasonably high, […]