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Berkshire Hathaway lags S&P 500 by 15% despite strong insurance and capital market growth.

Market News
29 Jul 2026
Seeking Alpha
View Source
Bullish
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Berkshire Hathaway has underperformed the S&P 500 by over 15% in the past year, even though its portfolio and operations have improved. The company’s business is divided into five segments, with insurance and capital markets driving most of its growth and profits. Berkshire’s insurance subsidiaries manage over $90 billion in annual premiums and maintain a strong underwriting profit with a combined ratio below 90%. Its large insurance float of $176.9 billion supports disciplined capital allocation and long-term value creation across its diverse businesses. Market concerns about Warren Buffett’s eventual departure have overshadowed these strengths.

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