Buffett’s Berkshire Cash Hits Record $382 Billion, Earnings Soar

Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate.

That figure hit $13.5 billion, as the firm’s insurance underwriting profit more than tripled in a period marked by unusually low disaster activity, according to filings published Saturday.