quarterly-results_shutterstock_2277331543_resized

7 August 2023Insurance

Berkshire’s Geico back in black Q2 on reduced claims; book still shrinking

Berkshire Hathaway's retail auto carrier Geico continued its press back into the black, hauling in $514 million in pre-tax underwriting profits for its second straight quarter of gains after a 2022 head-on collision with inflation.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Break the silence on AI and build partnerships beyond annual renewals, FERMA delegates hear

Polycrisis’ means risk managers must act while options remain: Gallagher

Canopius takes over from QBE as Castle underwriter

TWIA’s 2027 reinsurance bill could fall 18% as reserves rebound

Hamilton Re mourns reinsurance leader Sergio Lottimore after air ambulance tragedy

Indemni secures Lloyd’s coverholder status as cargo risks evolve

Margin pressures mount for UK insurers as soft pricing takes hold: Moody’s

London marine underwriter launches, wins BP Marsh backing

Berkshire’s Geico back in black Q2 on reduced claims; book still shrinking

More on this story

Editor's picks

Editor's picks

More articles