Berkshire Hathaway P&C reinsurance UW improves despite Q3 cat losses

Berkshire Hathaway Q3 results

The Berkshire Hathaway P&C reinsurance unit that houses Gen Re delivered a pre-tax underwriting gain of $314mn for the third quarter that was well ahead of the $67mn reported in the prior-year period despite a $281mn estimated hit from Typhoon Faxai in Japan.

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