Berkshire reinsurance unit's underwriting profits hit $3.5bn in 2023
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Berkshire reinsurance unit's underwriting profits hit $3.5bn in 2023

Excluding TransRe, the group’s losses declined by $509mn last year.

By Jairo Ibarra
February 24, 2024
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Berkshire Hathaway's reinsurance P&C segment increased its underwriting profits by over 60% to $3.5bn in 2023 as the unit’s CY cat losses declined to $900mn from $2bn the prior year.

Excluding

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