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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, […]
Aon Analysts Slash Their Forecasts After Q3 Results – Aon (NYSE:AON) – Beragampengetahuan
Aon plc AON reported better-than-expected results for its third quarter on Friday. Aon posted adjusted earnings of $2.32 per share, beating market estimates of $2.21 per share. The company’s quarterly sales came in at $2.95 billion versus expectations of $2.89 billion. Aon shares rose 0.2% to trade at $307.62 on Monday. These analysts made changes […]