Story perspectives
Berkshire Hathaway's Profit Soars 34%, Insurance Income Doubles
11/1/2025
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Story summary
- Berkshire Hathaway Inc., led by Warren Buffett and Greg Abel, reported a 34% rise in operating profit to $13.485 billion at the May 3, 2025 meeting.
- The gain stemmed from a 200% increase in insurance underwriting income to $2.37 billion.
- Buffett did not authorize share buybacks and maintained a cash reserve of $381.6 billion, a record high.
