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Berkshire Hathaway Buys Insurance Unit
NEW YORK Insurer ING Group said Friday it will sell its reinsurance unit, NRG N.V., to Warren Buffett’s Berkshire Hathaway Group for about $435.7 million. The acquisition could be part of a plan by Buffett to launch a new company to insure municipal

Buffett to Buy ING’s Reinsurance Unit
Warren Buffett’s Berkshire Hathaway agreed Friday to buy NRG, the reinsurance unit of Dutch bank ING, for 300 million euros ($435.2 million) in a deal that could mark the beginning of a trend of banks selling off non-core businesses in order to raise

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Buy Direct Line Car Insurance online and receive a 10% discount. You?ll also benefit from interest free monthly instalments (subject to status) and a 25% introductory discount off Direct Line Home Insurance. If you choose one of Direct Line?s repairers, your car will be collected and delivered for free, cleaned inside and out and the repair work will be guaranteed for 5 years.

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HONG KONG, Dec 27 (Reuters) - ICBC (1398.HK: Quote, Profile, Research) said on Thursday it will buy HK$1.923 billion worth of shares and warrants of its main overseas banking arm, ICBC (Asia) Limited, from Fortis Bank (FOR.BR: Quote, Profile, Research), Continue …

(XFN-ASIA via COMTEX News Network) — The Industrial and Commercial Bank of China (ICBC) (SHA 601398; HK 1398) has agreed to pay 1.92 bln hkd for an additional 8.23 pct stake and warrants of Industrial and Commercial Bank of China (Asia) Ltd, purchasing Continue …

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