This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - November 04, 2024 11:14 AM (EST)

Berkshire Hathaway Third-Quarter Insurance Income Sinks Despite Geico's Surge

Geico pretax underwriting earnings nearly doubled to $2.03 billion in the third quarter, but that wasn't enough to offset underwriting losses at Berkshire Hathaway Inc.’s primary and reinsurance . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Settlements (Litigation) Losses Premiums Reinsurers Earnings Hurricanes Property And Casualty Insurers Personal Automobile Insurance

Reprints & Redistribution

Latest News

HEALTH INSURANCE
Supreme Court Agrees to Hear Challenge to ACA Preventive Care Provisions
Jan 14, 2025 04:17 PM (EST)

CALIFORNIA
State Farm Incurs 6,700 Fire Claims in LA County With More Than 1.13 Million Policies
Jan 14, 2025 04:08 PM (EST)

LLOYDS
Polo Launches Reinsurer in Guernsey
Jan 14, 2025 03:35 PM (EST)

REINSURANCE
Allianz Forms Reinsurance Platform With Investment Company Pimco
Jan 14, 2025 03:10 PM (EST)

AM BEST WEBINAR
AM Best and IMCA to Host Marketing Leader Lunch on What Insurance Marketers Should Know About Insurance Data
Jan 14, 2025 02:46 PM (EST)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

MANAGING GENERAL AGENT
MGA TruStar Underwriting Put Into Receivership
Jan 13, 2025 01:59 PM (EST)

3

CALIFORNIA
Global Resilience Institute Head: Los Angeles Fire Could Spark Industry Restructuring
Jan 13, 2025 04:45 PM (EST)

4

CALIFORNIA
State Farm Incurs 6,700 Fire Claims in LA County With More Than 1.13 Million Policies
Jan 14, 2025 04:08 PM (EST)

5

CALIFORNIA
State Farm Incurs 6,700 Fire Claims in LA County With More Than 1.13 Million Policies
Jan 14, 2025 04:08 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

CALIFORNIA
Out-of-Control Los Angeles Wildfire Likely to Be Costliest Ever, Says California Scientist
Jan 08, 2025 04:31 PM (EST)

3

CALIFORNIA
California FAIR Plan Stabilization Bill Among Raft of Proposed Reforms as LA Wildfires Continue
Jan 10, 2025 04:00 PM (EST)

4

SPECIAL REPORT
Best’s Commentary: Insurers Expected to Incur Large Losses From Expanding California Wildfires
Jan 09, 2025 04:17 PM (EST)

5

CALIFORNIA
Monster Los Angeles Fire Strikes as FAIR Plan Faces Possibility of Large Assessment
Jan 10, 2025 11:28 AM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

RENEWAL
Brokers: Jan. 1 Renewals Herald New Phase as Rates Decline
Jan 02, 2025 02:43 PM (EST)

3

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

4

CALIFORNIA
Out-of-Control Los Angeles Wildfire Likely to Be Costliest Ever, Says California Scientist
Jan 08, 2025 04:31 PM (EST)

5

CALIFORNIA
California FAIR Plan Stabilization Bill Among Raft of Proposed Reforms as LA Wildfires Continue
Jan 10, 2025 04:00 PM (EST)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
058334	Berkshire Hathaway Inc.
006234	General Re Life Corporation
002198	General Reinsurance Corporation
002933	Government Employees Group
002429	National Indemnity Company

AVIATION INSURERS
Aviation Insurers Win Court Ruling in $128 Million Russia Aircraft Loss
Dec 26, 2024 03:21 PM (EST)

DIVESTITURES
Maiden Sells Swedish Subsidiaries to Unnamed Insurance Group
Dec 18, 2024 11:12 AM (EST)

EMPLOYEE HIRING
Geico Hiring Hundreds in Texas as Commercial Business Expands
Dec 06, 2024 03:45 PM (EST)

BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Negative for Berkshire Hathaway GUARD Insurance Companies’ Members
Nov 26, 2024 10:00 AM (EST)

FINES AND PENALTIES
New York Hits Geico, Travelers With $11.3 Million In Data-Breach Penalties
Nov 25, 2024 03:00 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html