Berkshire Hathaway, the holding company run by the billionaire US investor Warren Buffett, reported a 35% rise in quarterly profits.

Rising premiums pushed earnings from operations, the main part of which is property and casualty insurance, up to $1.032bn (£0.67bn) in the second quarter from $353m (£230m) in the same period last year.

The figure for the first six months of the year was $1.85bn (£0.67bn), up from $815m (£532m) last year. Insurance premiums earned fell to $4.417bn (£2.88bn) in the second quarter from $5.382bn (£3.5bn) previously.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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