伯克希尔·哈撒韦Berkshire Hathaway (BRK-A) 2013年年度报告「NYSE」.pdf

1、BERKSHIREHATHAWAYINC.2013ANNUAL REPORTBusiness ActivitiesBerkshire Hathaway Inc.is a holding company owning subsidiaries that engage in a number of diversebusiness activities including insurance and reinsurance,freight rail transportation,utilities and energy,finance,manufacturing,services and retai

2、ling.Included in the group of subsidiaries that underwrite insurance andreinsurance is GEICO,the second largest private passenger auto insurer in the United States and two of thelargest reinsurers in the world,General Re and the Berkshire Hathaway Reinsurance Group.Other subsidiariesthat underwrite

3、property and casualty insurance include:National Indemnity Company,Berkshire HathawayHomestate Insurance Companies,Medical Protective Company,Applied Underwriters,U.S.Liability InsuranceCompany,Central States Indemnity Company,BoatU.S.,the Guard Insurance Group and Berkshire HathawaySpecialty Insura

4、nce Company.Burlington Northern Santa Fe(“BNSF”)operates one of the largest railroad systems in North America.Inserving the Midwest,Pacific Northwest and the Western,Southwestern and Southeastern regions and ports of theU.S.,BNSF transports a range of products and commodities derived from manufactur

5、ing,agricultural and naturalresource industries.MidAmerican Energy Holdings Company(“MidAmerican”)is an international energyholding company owning a wide variety of operating companies engaged in the generation,transmission anddistribution of energy.MidAmericans principal operating energy companies

6、are:MidAmerican EnergyCompany,PacifiCorp and NV Energy;Northern Powergrid;Kern River Gas Transmission Company andNorthern Natural Gas;and MidAmerican Renewables.In addition,MidAmerican owns HomeServices ofAmerica,a real estate brokerage firm.Numerous business activities are conducted through Berkshi