Berkshire Hathaway News
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts
Even though Berkshire Hathaway's latest annual report featured Warren Buffett's forecast that the days of "eye-popping performance" for the giant conglomerate are over, readers focused on ...
Buffett Says Berkshire ‘Built to Last’
Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime ...
‘A Great Partner’: Berkshire Hathaway Vice Chair Munger Dies at 99
Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger. "Berkshire Hathaway could not have been built to its present status without Charlie's ...
Price Hikes, GEICO Pullback Boost Berkshire Operating Results; Investment Losses Mar Bottom Line
Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns—particularly the insurers—generally ...
Top 15 E&S Writers: Lloyd’s, Berkshire Still Lead as All Major Players Grow
The U.S. excess and surplus lines market reported double-digit growth for the fifth straight year in 2022,with second-ranked Berkshire Hathaway pushing the total growth figure for the E&S market ...
Utility Investors Wary of Exposures After Buffett’s PacifiCorp Held Liable for Wildfires
Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and ...
Berkshire Hathaway Boosts Stake in Occidental Petroleum to 25%
Berkshire Hathaway Inc. said on Wednesday it has acquired more shares of Occidental Petroleum Corp., boosting its stake in the oil company to above 25 percent. The conglomerate, controlled by ...
Jain Talks Reinsurance: Berkshire Could Lose $15B in Florida
While the leader of Berkshire Hathaway's insurance operations described Jan. 1 property-catastrophe reinsurance pricing as disappointing, the "day in the sun" came at April 1, allowing Berkshire to ...