Berkshire Q2 UW operating earnings increase to $2.26bn as Geico CR improves 11.8 pts

Published: Sat 3 Aug 2024

Warren Buffett’s Berkshire Hathaway has recorded a jump in underwriting operating earnings in the second quarter driven by continued improvement at auto insurer Geico, while the property casualty reinsurance operations’ premiums dropped 5.4 percent due to reductions of property business.