Berkshire reports $93mn Q4 underwriting loss at P&C reinsurance unit
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Berkshire reports $93mn Q4 underwriting loss at P&C reinsurance unit

James Thaler, 
John Hewitt Jones
February 27, 2021
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Berkshire Hathaway recorded a $93mm loss within its P&C reinsurance unit for the fourth quarter of 2020, representing an improvement from the unit’s $456mn negative result reported during the prior year period.

Within P&C operations overall, the reinsurance loss was offset by a $173mn underwriting profit at its primary insurance group and $108mn at Geico during the quarter.

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Topics

NewsBerkshire HathawayResultsEarnings
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James Thaler
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John Hewitt Jones
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