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Ex-Gen Re executive to plead guilty

A former senior executive of reinsurer General Re, a unit of Berkshire Hathaway, has agreed to plead guilty in a probe of insurance giant American International Group (AIG).

Former Cologne Re chief executive John Houldsworth has allegedly agreed to plead guilty to one count of conspiring with others to misstate AIG's financial results, officials said.

Berkshire said that

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