All Collections
Q2: What is the significance of "float" in Berkshi

Q2: What is the significance of "float" in Berkshire Hathaway's insurance operations?

- A) It represents the company's profit margin.

- B) It is the money held by the insurer that can be invested.

- C) It is the total revenue generated by the company.

- D) It is the amount of money paid out in claims.

**Correct Answer**: B) It is the money held by the insurer that can be invested.

**Explanation**: Float refers to the money that an insurance company holds but does not own, which can be invested until claims are paid out.

Feedback