Products & Services · Insurance Underwriting Expenses

Insurance And Other — Insurance Underwriting Expenses

Berkshire Hathaway Insurance And Other — Insurance Underwriting Expenses increased by 0.4% to $4.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $4.37B to $4.52B. Over 4 years (FY 2021 to FY 2025), Insurance And Other — Insurance Underwriting Expenses shows an upward trend with a 9.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026

How to read this metric

Lower underwriting expenses relative to premiums indicate higher operational efficiency in the insurance business.

Detailed definition

Includes the operational costs directly associated with the underwriting process, such as commissions, premium taxes, an...

Peer comparison

Standard 'Underwriting Expense' metric used across the insurance industry to calculate the combined ratio.

Metric ID: brk_a_segment_insurance_and_other_insurance_underwriting_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.07B$3.24B$3.24B$2.77B$2.46B$2.61B$3.97B$3.59B$3.73B$3.50B$4.46B$3.75B$4.05B$4.93B$4.08B$4.37B$4.46B$4.43B$4.50B$4.52B
QoQ Change+5.7%+0.1%-14.6%-11.1%+6.2%+52.0%-9.7%+4.0%-6.2%+27.5%-15.8%+7.8%+21.9%-17.4%+7.2%+2.0%-0.6%+1.6%+0.4%
YoY Change-19.7%-19.3%+22.6%+29.6%+51.5%+33.8%+12.2%+4.6%+8.5%+41.1%-8.6%+16.4%+10.1%-10.2%+10.5%+3.4%
Range$2.46B$4.93B
CAGR+8.5%
Avg YoY Growth+11.7%
Median YoY Growth+10.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Berkshire Hathaway's insurance and other — insurance underwriting expenses?
Berkshire Hathaway (BRK.A) reported insurance and other — insurance underwriting expenses of $4.52B in Q1 2026.
How has Berkshire Hathaway's insurance and other — insurance underwriting expenses changed year-over-year?
Berkshire Hathaway's insurance and other — insurance underwriting expenses increased by 3.4% year-over-year, from $4.37B to $4.52B.
What is the long-term trend for Berkshire Hathaway's insurance and other — insurance underwriting expenses?
Over 4 years (2021 to 2025), Berkshire Hathaway's insurance and other — insurance underwriting expenses has grown at a 9.0% compound annual growth rate (CAGR), from $12.56B to $17.76B.
What does insurance and other — insurance underwriting expenses mean?
The administrative and operational costs incurred to write and manage insurance policies.