Berkshire Hathaway Reports First Underwriting Loss Since 2017, Drop in GEICO Staffing

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Insurance Journal - Feb 27, 2023

Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating results from the conglomerate’s personal lines insurer GEICO. In fact, while GEICO’s pretax un...

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