Discontinued — last reported Q4 '25

Products & Services · Policyholder Benefits And Claims Incurred Net

Underwriting — Policyholder Benefits And Claims Incurred Net

Berkshire Hathaway Underwriting — Policyholder Benefits And Claims Incurred Net remained flat by 0.0% to $1.09B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $964.50M to $1.09B. Over 2 years (FY 2023 to FY 2025), Underwriting — Policyholder Benefits And Claims Incurred Net shows relatively stable performance with a 4.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ4 2025Mar 2, 2026
Rolls up toMedical costs

How to read this metric

Lower values relative to premiums earned indicate superior underwriting profitability, whereas higher values suggest adverse loss experience or catastrophic events.

Detailed definition

Captures the net cost of claims and benefits paid or accrued to policyholders during the reporting period, net of reinsu...

Peer comparison

Comparable to 'Net Incurred Losses' or 'Claims Incurred' reported by insurance companies.

Metric ID: brk_a_segment_underwriting_policyholder_benefits_and_claims_incurred_net

Historical Data

3 years
 FY'23FY'24FY'25
Value$4.03B$3.86B$4.38B
YoY Change-4.2%+13.5%
Range$3.86B$4.38B
CAGR+4.3%
Avg YoY Growth+4.6%
Median YoY Growth+4.6%

Frequently Asked Questions

What is Berkshire Hathaway's underwriting — policyholder benefits and claims incurred net?
Berkshire Hathaway (BRK.A) reported underwriting — policyholder benefits and claims incurred net of $1.09B in Q4 2025.
How has Berkshire Hathaway's underwriting — policyholder benefits and claims incurred net changed year-over-year?
Berkshire Hathaway's underwriting — policyholder benefits and claims incurred net increased by 13.5% year-over-year, from $964.50M to $1.09B.
What is the long-term trend for Berkshire Hathaway's underwriting — policyholder benefits and claims incurred net?
Over 2 years (2023 to 2025), Berkshire Hathaway's underwriting — policyholder benefits and claims incurred net has grown at a 4.3% compound annual growth rate (CAGR), from $4.03B to $4.38B.
What does underwriting — policyholder benefits and claims incurred net mean?
The net expense incurred from paying out insurance claims and policyholder benefits during the period.