Warren Buffet continues to increase its stake in Munich Re

Warren Buffet, the renowned investor, has just increased his stake in Munich Re's capital, holding, since October 11, 2010, over 10% of the voting rights of the world's number one reinsurer. W. Buffet crossed the threshold of 8% last March through his Berkshire Hathaway companies, OBH and National Indemnity Company after having surpassed 5% in February. The multibillionaire plans to acquire more voting rights in Munich Re in the next 12 months.