Berkshire Hathaway reinsurance reports significant losses driven by $230m COVID-19 charge

04-05-2020

Warren Buffett's Berkshire Hathaway suffered a staggering unrealised investment loss of $55.5 billion for the first quarter of 2020, leading to a total net loss of $49.7 billion. The insurance underwriting results for the quarter were negatively affected by estimated losses and costs associated with the COVID-19 pandemic.


Berkshire Hathaway, Coronvirus, Q1, 2020 Results, Insurance, Reinsurance, North America

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