S&P downgrade of Berkshire Hathaway to follow Fitch
Billionaire Warren Buffett’s Berkshire Hathaway Inc. may lose its AAA credit rating from Standard & Poor’s because values have fallen in its equity portfolio and capital has shrunk at the insurance operations, Bloomberg reports.
The rating could be cut in the next 12 months, and would be the second for Berkshire after Fitch Ratings stripped its AAA rating on 12 March. S&P said any downgrade probably would be a one-notch cut.
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.
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.
