The American International Group (AIG) would be willing to transfer some of its long-term risks to Berkshire Hathaway [4]. The 10.2-billion transaction would be concluded no later than June 30, 2017.
National Indemnity, a subsidiary of Berkshire, will assume 80% of the net losses linked to these risks. With a 20 billion USD limit, coverage wil be provided only after the first 25 billion USD of losses.
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[3] https://www.atlas-mag.net/en/issue/2016-a-transitional-year
[4] https://www.atlas-mag.net/en/article/berkshire-hathaway-0