Berkshire Hathaway

Berkshire Hathaway is an American holding company. She is the managing director of a large number of companies in various industries. In 2016, Berkshire Hathaway acquired stakes in major US aviation companies and became their largest shareholder. The average annual growth over the past 44 years was 20.3%. Berkshire Hathaway rose 76% from 2000 to 2010 amid a 11.3% fall in the S&P 500. The largest insurance group with a versatile portfolio of services, including both comprehensive business protection programs and a wide range of insurance products for individuals.

Berkshire currently owns companies in everything from confectionery and book publishers to airlines and oil and gas producers. In the Forbes Global 2000 list, the company took 4th place, including 9th in terms of turnover, 5th in terms of net profit, 52nd in terms of assets and 7th in terms of market capitalization. The holding corporation deals with investments, insurance and reinsurance. Berkshire currently owns many companies in a variety of industries such as confectionery, retail, railways, household goods, publishing and jewelry, and regional housing and utilities companies.

The insurance companies of the holding employ 47 thousand people, insurance premiums in 2017 amounted to $ 60.6 billion (in 2016 – $ 45.9 billion). Companies are grouped into three groups:

GEICO — provides all types of insurance in all states of the United States; the main focus is auto insurance, in this market the company ranks second in the United States with a share of 12.8%; insurance premiums – $ 29 billion;
The Reinsurance Group — headquartered in Stamford, Connecticut, provides reinsurance services to insurance companies in America and other countries.
Primary Group — headquartered in Omaha, Nebraska, the group includes a number of independent insurance companies; insurance premiums – $ 7 billion.

In terms of shareholding value, the most significant are Microsoft ($ 7.1 billion), Apple ($ 5.2 billion), Alphabet (Class A $ 2.5 billion + Class C $ 2.2 billion), Amazon ($ 3.8 billion), Cisco ($ 3 , 4 billion), JPMorgan Chase ($ 3.3 billion), Johnson & Johnson ($ 2.9 billion), Home Depot ($ 2.5 billion), Procter & Gamble ($ 2.2 billion), Visa, Inc. ($ 2.1 billion), Exxon Mobil Corporation ($ 1.9 billion), Merck & Co, Inc. ($ 1.8 billion), AT&T ($ 1.8 billion), Intel ($ 1.8 billion), Verizon Communications ($ 1.7 billion), McDonald’s Corporation ($ 1.7 billion), PepsiCo ($ 1.7 billion), Walt Disney Company ($ 1.7 billion), UnitedHealth Group ($ 1.7 billion), Boeing ($ 1.6 billion), Chevron Corporation ($ 1.6 billion), Facebook ($ 1.6 billion), Pfizer ($ 1.6 billion) , Nextera Energy ($ 1.6 billion), Abbott Laboratories ($ 1.6 billion).

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