Tag

Insurance Underwriting

All articles tagged with #insurance underwriting

business1 month ago•13 min saved

Abel’s Berkshire Hathaway Posts Record Cash, Resumes Buybacks in Q1

Berkshire Hathaway's cash hoard surged to a record $397 billion in the first quarter under new CEO Greg Abel, as operating earnings rose to $11.35 billion thanks to stronger insurance underwriting and a return of stock buybacks. The firm offloaded $8.1 billion of equity and reorganized holdings previously managed by Todd Combs; BNSF railroad profit climbed 13% to $1.4 billion, while Geico underwriting earnings declined. Buffett did not lead the annual meeting for the first time in decades, with Abel addressing shareholders and signaling continued cost and capital discipline, though Berkshire's stock has lagged broader markets this year.

via Yahoo Finance|

#berkshire-hathaway #business #buybacks

business1 month ago•310 min saved

Abel’s Berkshire Debut: Record Cash Hoard in Q1

Berkshire Hathaway posted $11.35 billion in operating earnings and a record cash pile exceeding $397 billion in the first quarter under new CEO Greg Abel. While operating earnings rose about 18% year over year, they missed estimates. Insurance underwriting contributed $1.7 billion, though Geico’s earnings dropped 34%. Abel, starting 2026, is set to headline Berkshire’s annual meeting in Omaha as Buffett steps back, marking a transition for the conglomerate.

via CNN|

#berkshire-hathaway #business #cash-pile

business3 months ago•2 min saved

Buffett’s Final Quarter: Berkshire Slows as Insurance Slump Signals New Era

Berkshire Hathaway reported Q4 2025 operating earnings of $10.2B, down about 29% from a year earlier, with insurance underwriting profits down 54% to $1.56B and insurance investment income down ~25% to $3.1B. This was Buffett’s final quarter as CEO before Greg Abel begins 2026. For 2025, operating earnings totaled $44.49B and overall earnings $66.97B, pressured by a $4.5B impairment from Kraft Heinz and Occidental; investment gains helped but overall earnings still fell. Berkshire did not buy back shares and its cash hoard eased to $373.3B, while its stock rose ~10% in 2025, lagging the S&P 500.}

via CNBC|

#berkshire-hathaway #business #greg-abel