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Berkshire Hathaway wins reinsurance license in Malaysia

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U.S.-based Berkshire Hathaway Specialty Insurance Co. has won a license to provide reinsurance services in Malaysia, Reuters reported. The insurer has set up an office in Kuala Lumpur to provide nonlife reinsurance services. "After putting down roots in Singapore, Hong Kong, and Macau, we are pleased to further expand our operations in Asia," said Marc Breuil, BHSI Asia president.

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