Ajit insures risks that no one else has the desire or the capital to take on.

from Warren Buffett – Letter To Shareholders 2012 on Rap Genius

Meaning

Ajit Jain’s business at Berkshire has become well known in the business world for being able and willing to insure risks that other insurance companies can’t handle. For example, Berkshire insured a billion-dollar contest once held by Pepsi

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