The Berkshire Hathaway chairman's philosophy is to look for bargains in quality locations
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Warren Buffett’s Berkshire Hathaway Inc. (BRK.A.) is set to expand its commercial insurance business into the lucrative Middle East.
In a statement, Berkshire Hathaway Specialty Insurance (BHSI) said a new office in the Dubai International Finance Centre (DIFC) will now open after being given the go-ahead from the regulator. From its new home, specialty and commercial insurance will be provided to brokers and companies in construction, energy, marine, casualty and executive and professional lines.
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