Berkshire Hathaway: insurance and reinsurance results at end-September 2025

Berkshire Hathaway’s insurance and reinsurance operations reported a net underwriting profit of 5.697 billion USD at end-September 2025, up 1.5% year-on-year.

GEICO, the American conglomerate’s motor insurance subsidiary, recorded a pre-tax underwriting profit of 5.767 billion USD, a modest 0.3% increase over the past twelve months. Gross written premiums rose 5.6% to 34.253 billion USD.

Berkshire Hathaway Primary Group posted a sharp rise in pre-tax underwriting profit, climbing from 76 million USD as of 30 September 2024 to 425 million USD twelve months later.

Meanwhile, Berkshire Hathaway Reinsurance Group ended the first three quarters of the current fiscal year with a 11.3% decline in pre-tax underwriting profit to 1.227 billion USD. The non-life (P&C) segment generated 16.34 billion USD in revenue, while the life and health (L&H) business contributed 3.89 billion USD.