Berkshire Hathaway Inc. has reported net income of $18.5 billion for the third quarter, an increase from $4.1 billion in the third quarter of last year.
For the first nine months of the year, net income was $29.4 billion, compared to $12.4 billion in the prior-year period.
Within its insurance operations, the Berkshire Hathaway Primary Group had $2.23 billion in premiums written in the third quarter, up from $2 billion in the same quarter last year. Pre-tax underwriting gain for the group was $135 million for the quarter and $468 million for the first nine months of the year, compared to $52...
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