Definitions
Sorry, no definitions found. You may find more data at equitas.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word Equitas.
Examples
-
In 2006, Berkshire collected $7.1 billion in cash and securities from Equitas, a company formed by underwriters at Lloyd's of London, for agreeing to pay up to $13.9 billion in asbestos and environmental claims and expenses.
AIG Unloads Asbestos Liabilities; Buffett Gets 'Float' Erik Holm 2011
-
In discussing the Equitas deal in 2007, Mr. Buffett told shareholders there was no guarantee it would earn Berkshire money in the long term.
AIG Unloads Asbestos Liabilities; Buffett Gets 'Float' Erik Holm 2011
-
Berkshire agreed to pay up to $13.9 billion in asbestos and environmental claims and expenses at Equitas in the years ahead in exchange for $7.1 billion in cash and securities up front.
Buffett's Berkshire Hathaway Buoyed by Insurance 'Float' Serena Ng 2011
-
Mr. Buffett told shareholders in 2007 that there was no guarantee the Equitas deal would earn Berkshire money in the long term.
Buffett's Berkshire Hathaway Buoyed by Insurance 'Float' Serena Ng 2011
-
Berkshire reached a similar retroactive reinsurance deal in 2006 with Equitas, a company formed by underwriters at Lloyd's of London.
Buffett's Berkshire Hathaway Buoyed by Insurance 'Float' Serena Ng 2011
-
Berkshire took control of Equitas, assuming the old claims of Lloyd's of London in exchange for $7 billion worth of insurance float, and also bought electronics distributor TTI.
Alice Schroeder: Warren Buffett and the Business of Life: Part 2 of 7 2009
-
Chennai-based Equitas, for instance, only works with women.
What Is the Role of Women in Indian Politics? Growing Stronger... 2009
-
Tory Boy is spot on in mentioning Equitas but I think he has missed the nature and depth of what is going on here.
-
I have no problem with supporting Unison on this and will - however I'm afraid that while it should not be easier for companies to hide the names of their insurers by not retaining recordswhy should they since it will probably only increase their own liability this problem is only second order in relation to the potential moves for Equitas to reduce its liability for asbestos claims.
-
As I said before the much bigger issue to watch is what happens with Equitas.
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.