May 2 (Reuters) - Warren Buffett spoke at Berkshire Hathaway Inc's annual meeting:
* Warren Buffett says 'it would be impossible' to replace Ajit Jain in Berkshire Hathaway Inc insurance operations
* Warren Buffett says would not give the same latitude in size or risk to an insurance executive other than Jain
* Warren Buffett says 'Ajit is needed, and we won't find a substitute for him'
(New York Equities Desk; tel: +1 646 223 6000) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Warren Buffett says 'it would be impossible' to replace Ajit Jain in Berkshire Hathaway Inc insurance operations
* Warren Buffett says would not give the same latitude in size or risk to an insurance executive other than Jain
* Warren Buffett says 'Ajit is needed, and we won't find a substitute for him'
(New York Equities Desk; tel: +1 646 223 6000) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.