Warren Buffett boosts Irish-based company by €60m ‘to support EU business’

The famous US investor has invested the money in his commercial insurance business’s Irish arm as part of a post-Brexit buffer

Barry J Whyte

Chief Feature Writer @whytebarry
20th June, 2021
Warren Buffett boosts Irish-based company by €60m ‘to support EU business’
US investor Warren Buffett, whose net worth is estimated to be more than $100 billion, has a large insurance empire. Picture: Getty

Warren Buffett, the famous investor, has pumped €60 million into his Irish-based commercial insurance company in the last week, documents show.

It brings to a total of €120 million the amount that Buffett has invested in the Irish company, which appears to be part of a corporate restructuring of his insurance empire to deal with the consequence of Brexit.

Berkshire Hathaway European Insurance was set up in Dublin in 2018 and in the last year...

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