BHSI grew to $1.3bn in premium in 2016: Buffett

Berkshire Hathaway Specialty Insurance (BHSI) expanded its premium
volume by 40 percent to reach $1.3bn in 2016, according to Warren
Buffett.
In his annual letter to shareholders, Buffett said that the
company, launched in 2014, was "destined to become one of the
world's leading P&C insurers".
Berkshire Hathaway had expected significant losses in the early
years from the specialty insurance operation while divisional CEO
Peter Eastwood built the personnel and infrastructure needed for a
worl