Australian storm contributed to Berkshire Hathaway Q2 underwriting loss
Berkshire Hathaway Reinsurance's profits fell to an underwriting loss in the second quarter after a storm in Australia cost it $115m in losses.
Berkshire Hathaway Reinsurance fell to a $411m underwriting loss with a $137m loss in its property and casualty arm; $115m alone came from the largest storm so far this century in Australia when it
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