Opinion: Floating undertow

A lot of the commentary about Berkshire Hathaway'ssecond-quarter underwriting loss focused on the impact of its
high-profile AIG deal.
This transaction had contributed to the Berkshire Hathaway
Reinsurance Group (BHRG) taking a $331mn loss on retroactive
reinsurance business, so it's not surprising that this large
headline number came under the spotlight.
But it's not clear from the high-level disclosures that the
immediate charges BHRG has recognised in relation to the deal have
diverged at all