Berkshire’s P&C reinsurance profits more than double in Q1
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Berkshire’s P&C reinsurance profits more than double in Q1

Farhin Lilywala, 
Fiona Robertson
03 May 2022
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Berkshire Hathaway’s P&C reinsurance division reported a 144% increase in pre-tax P&C underwriting profits, which reached $405mn in Q1 2022.

The segment’s combined ratio improved by 7 points to 88.1%, driven by declining expense and loss ratios.

Losses incurred from significant catastrophe events in the first quarter totaled $315mn, partially offset by reductions in liabilities for losses occurring in prior...

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Topics

Berkshire Hathaway Results News
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Farhin Lilywala
Section Editor, Distribution & Specialty
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Fiona Robertson
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