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Keyword: reassurance

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  • Buffett offers reassurance over Lloyds of London deal

    10/20/2006 7:24:33 PM PDT · by NormsRevenge · 3 replies · 338+ views
    AFP on Yahoo ^ | 10/19/06 | AFP
    LONDON (AFP) - Billionaire United States investor Warren Buffett offered reassurance to thousands of Lloyds of London names over his company's deal to take on pre-1993 claims. In a deal announced Friday, a unit of Berkshire Hathaway, his investment company, will provide 7 billion dollars (5.5 billion euros) reinsurance cover to Equitas, the company set up to manage the liabilities of policies underwritten by 34,000 individual investors, or "names". Berkshire Hathaway unit National Indemnity Co will also take over the staff and management of Equitas, set up after Lloyds faced a crisis following the loss of eight billion pounds between...
  • America the strong - (President Bush should speak to the nation from Oval Office, not from podium!)

    07/15/2005 9:57:54 PM PDT · by CHARLITE · 2 replies · 267+ views
    TOWNHALL.COM ^ | JULY 15, 2005 | MATT TOWERY
    Hurricanes, turned tropical depressions, swirled all over the North American continent. England was still recovering from a chilling terrorist attack. Gasoline prices stood at all-time highs. And yet the world did not fall apart over the past week. In fact, our stock markets have risen, housing markets remain strong and growing government revenues have even started to trim our nation's deficit. These developments, and the public's reactions to them, demonstrate a major shift in the way the public responds to events. It is perhaps the dawning of a new day. America has joined other nations, more accustomed to acts of...