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Warren Buffett FILE. In this May 4, 2015 file photo, Berkshire Hathaway Chairman and CEO Warren Buffett smiles in Omaha, Neb., during an interview. (AP Photo/Nati Harnik)

(Bloomberg) – This year’s looking brighter for Berkshire Hathaway Inc.’s insurance businesses after 2017’s hurricanes led to the first annual underwriting loss in more than a decade.

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