Berkshire Hathaway Inc. has reported second-quarter net earnings increased 13 percent compared to the period last year, due in part to investment gains.

Second-quarter net income rose to $1.45 billion from $1.28 billion in the second quarter of 2004. Revenues rose 1 percent to $18.13 billion.

Despite a more favorable insurance loss number, pretax underwriting gains fell 11 percent.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.