Berkshire’s Geico swings to $3.6bn UW profit in 2023, primary unit earns more than triple
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Berkshire’s Geico swings to $3.6bn UW profit in 2023, primary unit earns more than triple

Geico reported lower frequency, higher severity and increased favorable development.

By Jairo Ibarra
February 24, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Berkshire Hathaway logo without bar.jpg

Berkshire Hathaway's personal lines subsidiary Geico swung to an underwriting profit of over $3.6bn in 2023 in the latest sign that the US personal lines sector is improving.

Geico’s

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsResultsBerkshire HathawayEarnings
Gift this article