The company’s three major P&C units—including auto insurer GEICO—generated $1.15bn in underwriting profits, despite registering $460mn in losses from Winter Storm Uri.
Berkshire P&C underwriting profits jump 54% despite $460mn in Uri losses
The company’s three major P&C units—including auto insurer GEICO—generated $1.15bn in underwriting profits, despite registering $460mn in losses from Winter Storm Uri.