Which company owns the Berkshire Hathaway subsidiary GEICO?

Berkshire Hathaway owns the insurance subsidiary GEICO.

GEICO, whose name originally stood for Government Employees Insurance Company, became a Berkshire Hathaway subsidiary in 1996. Berkshire had begun buying GEICO shares decades earlier, and Warren Buffett identified the insurer as an attractive business because its direct-to-customer model helped control distribution costs.

GEICO sells private automobile insurance and is one of the best-known brands in the United States. Its advertising mascot, the gecko, became widely associated with the company, but the brand is part of Berkshire’s broader insurance operations rather than an independent member of the S&P 500.

Berkshire Hathaway also owns businesses such as BNSF Railway, Berkshire Hathaway Energy, and numerous manufacturing and retail companies. It is publicly traded, with Class A and Class B shares. The company’s investment portfolio and operating subsidiaries help explain its unusually high market value.