Berkshire Hathaway's first-quarter investment business net loss was $1.24 billion

Berkshire Hathaway’s first-quarter investment business reported a net loss of $1.24 billion, compared to a net loss of $5.04B in the same period last year; first-quarter insurance underwriting operating income was $1.72 billion, up 29% year-over-year; first-quarter insurance investment business operating income was $2.68 billion, down 7.4% year-over-year. (Cailian Press)

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