Article ID: 050c4b718029453ef0d860fcbacae47b4f925892aa87d9e361ce02db91dc98ad
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/berkshire-hathaway-to-take-2-5-stake-in-tokio-marine/
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Berkshire Hathaway to take 2.5% stake in Tokio Marine - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Berkshire Hathaway to take 2.5% stake in Tokio Marine Berkshire Hathaway Mar 23, 2026 (Reuters) – Tokio Marine Holdings said on Monday it would form a strategic partnership with Warren Buffett’s Berkshire Hathaway by initially selling a 2.49% stake through a third-party allotment of treasury shares. Berkshire Hathaway in 2019 kicked off a number of investments in Japanese trading companies and the firm has increased its stakes multiple times since then. Tokio Marine expects to use the additional risk capacity that the partnership makes possible to pursue growth opportunities, while Berkshire’s core reinsurance entity, National Indemnity, will gain access to Tokio Marine’s global insurance portfolio, Tokio Marine said in a filing. The two firms will also execute joint investments globally, including mergers and acquisitions, Tokio Marine added. Tokio Marine said it would use the proceeds of up to 287.4 billion yen ($1.80 billion) to buy back its own shares to prevent dilution for existing shareholders. Following the initial share allocation to National Indemnity, any additional acquisition of Tokio Marine’s shares is expected to be made primarily through the open market, Tokio Marine said in a filing. National Indemnity will agree not to buy more than 9.9% of Tokio Marine’s outstanding shares without prior approval from the latter’s board, the statement said. Related News Insurers denied $105 million in collateral from Texas oil driller March 20, 2026 Calif. bill would require certification for stone fabrication shops March 20, 2026 Author, publisher not blood-sucking vampires of unpublished material March 20, 2026 Chubb announces structure of marine war insurance facility March 20, 2026 Medical supply vendor not a provider under comp law: Pa. court March 20, 2026 Liberty Mutual names Johnson to head Ironshore March 20, 2026 Insurer released from Potbelly’s coverage claim March 20, 2026 Insurer off hook for medical costs for worker’s travel to visit family March 20, 2026 Indian gas tankers getting ready to sail through Hormuz, data shows March 20, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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