Berkshire Posts Record $96B Annual Earnings, Fueled by Insurance Gains and $167B Cash Stockpile
- Berkshire Hathaway operating earnings up 28% in Q4 to $8.5B, driven by insurance gains
- Record $167.6B cash pile, surpassing prior quarter's $157.2B
- Geico profitable for full year 2023 with $5.4B net underwriting earnings
- BNSF 2023 net earnings down 14% to $5.1B
- Overall Berkshire earnings more than doubled in Q4 to $37.6B, $96.2B for full year