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

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