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Berkshire Hathaway earnings drop 7.6%

Berkshire Hathaway has reported net earnings of $2.88bn in the second quarter of 2008, compared to earnings of $3.12bn in the second quarter of 2007.

Net earnings for the first half were $3.8bn, compared to $5.7bn for the first half of 2007.

Operating earnings from insurance underwriting dropped 43% in the second quarter to $360m, down from $632m

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Throwback Thursday: Howden saves insurers millions

Insurance Post’s Throwback Thursday steps back in time to November 1975 to remind you what was going on this week in insurance history when Alexander Howden, the brokerage created by CEO of Howden Group’s David Howden’s great-great-great grandfather, boasted how much he was saving insurers.

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