The Financial News

The Financial News

Ajit Jain on insuring ships through Hormuz: ‘Depends on the price’


Asked about how and when he could offer insurance to ships crossing the embattled Strait of Hormuz, Berkshire’s vice chairman of insurance operations Ajit Jain gave a pithy response.

“The short answer is – depends on the price,” he said, getting laughter and applause from the audience.

Watch the full comments in the related video.


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