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Berkshire Hathaway underwriting earnings fall 43% in Q3 as Tokio Marine deal supports P&C reinsurance premiums

Berkshire Hathaway reported a 43% decline in net underwriting earnings across its insurance and reinsurance operations to $1.352 billion for the third quarter of 2026, while earnings for the first nine months fell 16% to $4.8 billion. Meanwhile, premium volumes in its P&C reinsurance business continued to benefit from the whole account deal with Tokio…

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