伯克希尔·哈撒韦Berkshire Hathaway (BRK-A) 2012年年度报告「NYSE」.pdf

1、BERKSHIREHATHAWAYINC.2012ANNUAL 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 third largest private passenger auto insurer in the United States and two of the largestreinsurers in the world,General Re and the Berkshire Hathaway Reinsurance Group.Other subsidiaries thatunderwrite p

3、roperty and casualty insurance include:National Indemnity Company,Berkshire HathawayHomestate Insurance Company,Medical Protective Company,Applied Underwriters,U.S.Liability InsuranceCompany,Central States Indemnity Company,Kansas Bankers Surety,Cypress Insurance Company,BoatU.S.and the Guard Insura

4、nce Group.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 manufacturin

5、g,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 ar

6、e:MidAmerican EnergyCompany,Pacific Energy,Pacific Power and Rocky Mountain Power,Northern Powergrid,and Kern River GasTransmission Company and Northern Natural Gas.In addition,MidAmerican owns HomeServices of America,areal estate brokerage firm.Numerous business activities are conducted through Ber