Berkshire Hathaway leverages Allegheny buy to offset Geico strain

27-02-2023

Berkshire Hathaway leverages Allegheny buy to offset Geico strain

Berkshire Hathaway cut its 2022 pre-tax underwriting loss on its total insurance operations to $98 million after a $260 million Q4 gain as M&A-driven reinsurance earnings helped offset continuing losses in the automotive sector.


Reinsurance, Insurance, Berkshire Hathaway, TransRe, Allegheny, Geico, Financial Results, US, Global

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