Private-Equity Firms Have Increased Risk in Life Insurance, Berkshire's Jain Says

Private-Equity Firms Have Increased Risk successful Life Insurance, Berkshire's Jain Says

The Berkshire shareholder had an security question for CEO Warren Buffett and the company’s security head, Ajit Jain.

It centered connected private-equity firms similar Blackstone, Apollo, and KKR aggressively expanding to security and expanding risk.

“There's nary question the private-equity firms person travel into this space, and we are nary longer competitory successful this space,” said Jain. “In the past three, 4 years, I don't deliberation we’ve done a azygous deal.