NU Online News Service, Nov. 4, 12:12 p.m. EDT

With its third-quarter net income result doubling over last years, and its capital position improving, Swiss Re said it has reached an agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.

Swiss Re reported third-quarter net income of $618 million, compared to $314 million in the prior-year period.

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