News

Insurance

Berkshire Hathaway auto unit Geico sinks to $1.9bn 2022 underwriting loss

Geico takes rate at accelerating pace through Q4, but client departures quicken in turn.   27 February 2023

Insurance

Berkshire Hathaway leverages Allegheny buy to offset Geico strain

2022 pre-tax underwriting loss trimmed to $98m as TransRe pads Q4 reinsurance take.   27 February 2023

Insurance

AXA XL bolsters UK cyber with Berkshire Hathaway/Liberty Specialty hires

The re/insurer has also made a raft of internal promotions to bolster its operations.   24 September 2024

Insurance

Markel taps Berkshire Hathaway to expand casualty footprint in Middle East

Appointee specialises in the casualty and contingency facultative reinsurance sector.   27 June 2024

Insurance

Berkshire Hathaway ups Q1 insurance take 5.6x on Geico rally & primary gain

P&C reinsurance margin slippage put to costs post-Allegheny; all loss markers improve.   9 May 2023

Insurance

Berkshire Hathaway suffers $3.4b hit on Hurricane Ian for insurance loss

P&C reinsurance escapes the noose: rate & reserve adjustments deliver slim Q3 gain.   7 November 2022

Insurance

IAG renews largest quota share agreement with Berkshire Hathaway

The insurer has also renewed its agreements with Munich Re and Swiss Re.   12 January 2023

Insurance

Berkshire’s BHSI brings QBE underwriting specialist to the fold

The Berkshire Hathaway subsidiary will apply the expert’s experience to operations in Switzerland.   13 August 2025

Insurance

Warren Buffett’s Berkshire Hathaway warns on fake crypto trading firm using its name

The fraudulent firm describes itself as a Texas-based broker regulated in the US, UK & Cyprus.   22 November 2022

Insurance

Berkshire Hathaway-Alleghany’s $11.6bn deal gets go-ahead

The transaction is expected to complete on October 19.   17 October 2022

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