Berkshire Hathaway Inc. reported third-quarter net income more than quadrupled compared to last year's catastrophe-scarred period.
The parent company of Geico and General Reinsurance Co. reported net income of $2.8 billion compared with $586 million for the same period last year.
The Omaha, Neb.-based conglomerate, founded by Warren Buffett, reported an underwriting profit of $917 million compared with a loss of $1.2 billion in the same period a year ago.
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