Stock sales revealed that help to fund railroad purchase

Warren Buffett's Berkshire Hathaway sold a small stake in Travelers as part of a share sell-off to help fund it $27bn buyout of the Burlington Northern Santa Fe railroad, Dow Jones reports.

Berkshire Hathaway also cut its stake in Kraft Foods, which Buffett criticised for its takeover of Cadbury in the UK, Johnson & Johnson, Proctor & Gamble and ConocoPhillips.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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