Geico and reinsurance lead underwriting turnaround at Berkshire
Berkshire Hathaway's motor operation Geico posts third-quarter income of $1.05bn compared with a $759m loss for Q3 2022 as a result of higher premiums per policy
Reinsurance business swings to underwriting income of $1.44bn, reflecting a $2bn reduction in catastrophe losses and higher written premiums