Berkshire Hathaway Q2 underwriting earnings more than double despite reinsurance loss

Berkshire Hathaway Q2 results

Warren Buffett’s Berkshire Hathaway has reported increased net earnings across the entire group in the second quarter, while underwriting earnings of $1.05bn reflected a Geico contribution driven by lower claims frequency during Covid-19 that outweighed a $1.10bn underwriting loss in the reinsurance group.

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