Warren Buffetts Berkshire Hathaway Inc. hired two Asia-based executives from American International Group Inc. as part of a push to expand its presence in the region, a person familiar with the matter said.

Warren Buffetts Berkshire Hathaway Inc. hired two Asia-based executives from American International Group Inc. as part of a push to expand its presence in the region, a person familiar with the matter said.

Warren Buffetts Berkshire Hathaway Inc. said second-quarter profit rose 41% to a record on investment gains.

Allstate second-quarter profit advanced 41% and beat estimates as revenue climbed.

Allstate second-quarter profit advanced 41% and beat estimates as revenue climbed.

Late Wednesday, Endurance Specialty Holdings terminated its offer to buy Aspen Insurance Holdings after the target company rebuffed the hostile bid.

Travelers Cos., the only property and casualty insurer in the Dow Jones Industrial Average, said second-quarter profit fell 26%, missing estimates, on catastrophe costs.

The Malaysia Airlines jet that was shot down over the eastern Ukraine amid a Russia-backed rebel insurgency was insured by Atrium Underwriting Group Ltd. in case of war, the company confirmed in an e-mailed statement today.