Berkshire's BHSI grows NWP 44% in Q2 as claims frequency spikes at Geico
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Berkshire's BHSI grows NWP 44% in Q2 as claims frequency spikes at Geico

Berkshire Hathaway Omaha with buffet.jpg

Underwriting income within Berkshire Hathaway’s primary insurance and P&C reinsurance businesses jumped to $296mn in the second quarter, improving from a $596mn loss last year, as top-line premiums written in both segments surged.

Berkshire’s primary insurance group registered $166mn in underwriting profits in the quarter, up 73% from $96mn last year, while the company’s P&C reinsurance business turned in a $202mn underwriting gain, bouncing back from last year’s $643mn loss when it...

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