Spotlight on Buffett’s Annual Letter
Bloomberg Businessweek
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How Does Berkshire's Underwriting Performance Compare to the Last Few Years?
I'm really curious about what we see with Geico. The results for auto insurers across the board have been really difficult because inflation has squeezed margins, squeezed out the profitability. We've gotten a lot of granularity and visibility into that from other insurers. It's just whether or not, you know, how the bottom line looks, how underwriting profitability is shaping up. Those factors are going to be what determines kind of the trajectory at Geico.
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