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via reinsurancene.wsBusiness & Companies

Berkshire Hathaway underwriting earnings fall 43% in Q3 as Tokio Marine deal supports premiums

FROM THE WIRE · REINSURANCENE.WS

Berkshire Hathaway reported a 43% decline in net underwriting earnings across its insurance and reinsurance operations to $1.352 billion for the third

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA sharp drop in underwriting earnings at a major insurer-reinsurer can weigh on the stock, partly offset by the Tokio Marine deal.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Berkshire Hathaway reported a 43% decline in net underwriting earnings.
  2. 02Earnings fell to $1.352 billion in the third quarter.
  3. 03The Tokio Marine deal supports P&C reinsurance premiums.

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