Major Rating Factors:
Fair quality investment portfolio (3.3 on a scale of 0 to 10). Fair overall results on stability tests (4.0) including negative cash flow from operations for 2024. Strong overall capitalization (10.0) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years.
Other Rating Factors:
Excellent profitability (8.6) with operating gains in each of the last five years. Excellent Liquidity (10.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
All states except ME, NH, NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
3800 N Central Ave Ste 460
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(913) 895-0460
NAIC Number
76007
Website
Largest Affiliates