Berkshire Hathaway’s P&C reinsurance group’s Q1 combined ratio decreased nearly 11 points to 81.5% as the unit reported no losses incurred from “significant catastrophes” compared with $400mn a year earlier.
In
Berkshire Hathaway Q1 P&C reinsurance CoR improves 11 points to 81.5% on no cat losses
The insurance arm’s CoR declined 4 points to 89.3% on lower cat losses.