General Re pays 92.5 million USD to avoid legal pursuits

The stock market authorities are suspecting General Re, a subsidiary of Berkshire Hathaway, of fraud. They estimate that the reinsurer may have helped AIG and Prudential manipulate and falsify results by selling them financial products for the only purpose of misleading the investors. Apart from the reimbursement of the illegally perceived commissions by the reinsurer, the sums due amount to 92.5 million USD.