Insurance-underwriting loss of $225M vs. loss of $491M a year ago.
Insurance-investment income of $1.16B vs $970M a year ago.
Railroad, utilities, and energy $1.74B vs. $1.21B a year ago.
Other businesses $2.34B vs. $1.82B a year ago.
Insurance float was about $123B at Dec. 31, 2018, an increase of $8B since 2017-end.
Carrying value of Kraft Heinz common stock decreased 22% to $13.8B at Dec. 31, 2018 vs. $17.6B at Dec. 31, 2017. Fair value of KHC common stock at year-end fell by $11.3B to $14.0B from $25.3B at 2017-end.
Book value per class A equivalent share was $212,503 at Dec. 31, 2018 vs. $228,712 at Sept. 30, 2018.
Q4 net loss of $24.4B includes investment losses of about $28.5B from a reduction in the amount of unrealized gains that existed in its equity security investment holdings and are net of taxable gains on sales of investments of about $460M in Q4.
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