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24 February 2025Reinsurance

Berkshire Hathaway ups re/insurance profit on Geico turnaround

Berkshire Hathaway increased insurance underwriting earnings by a hefty 66% in 2024, further powering a multi-year margin turnaround at auto insurer Geico and taking a handy Q4 margin rebound in reinsurance, but slowing growth across key channels.

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