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Storebrand ASA is a Norwegian financial services company headquartered in Lysaker, Norway. It primarily operates in the insurance and asset management sectors, offering a range of products including life and health insurance, property and casualty insurance, and long-term savings and pension products. The company has a significant presence in the Nordic region and focuses on sustainable investments as a part of its business strategy. Storebrand's history dates back to 1767, making it one of the older companies in its industry, with a long-standing reputation in the market. Its strategic positioning is strengthened by its focus on integrating sustainability into its offerings and its ability to leverage a comprehensive product portfolio that spans across multiple segments in the financial services sector.

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from its operations to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.