General Re financial results News

Warren Buffett lost money but had a pretty good quarter. Berkshire Hathaway Inc. on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce “wild” but in his view meaningless swings …

Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General Re reported an increase in pretax underwriting income of more than $100 …