Harel in reinsurance deal with Buffet's National Indemnity

BRK/A BRIEF: Harel in reinsurance deal with Buffet co: Harel has reached a reinsurance deal with a subsidiary of Warren Buffet's Berkshire Hathaway.: "Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) has reached an agreement for reinsurance with National Indemnity, a subsidiary of Berkshire Hathaway Inc. (NYSE: BRK-A), controlled by Warren Buffet.

Under the agreement, Harel will give National Indemnity 20 percent of its deals -- revenue from premiums and insurance fees after deduction of premiums paid to reinsurance companies -- in all its general insurance activities including liabilities"