Berkshire Hathaway’s insurance profits up 11% in 2021 on P&C rebound
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Berkshire Hathaway’s insurance profits up 11% in 2021 on P&C rebound

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Berkshire Hathaway posted an insurance underwriting profit of $372mn in Q4, a turnaround from the $299mn underwriting loss recorded a year earlier, as its specialty insurance and P&C reinsurance arm improved results over the full year.

Over the full year, group insurance underwriting profits were up 11% to $728mn, as performance from these segments offset the steeper loss in life and health reinsurance as well as a lower underwriting profit from Geico.

The

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