Major Rating Factors:
Strong long-term capitalization index (8.6 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (7.5) with small operating losses during 2021.
Other Rating Factors:
Superior liquidity (9.6) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (45.9%), work comp (16.6%), med mal (4.2%), fin guar/surety (2.2%), fire (0.8%), comm multi (0.2%), other (30.1%)
Licensed in:
All states and Canada
Principal Investments:
Investment grade bonds (78.5%), common stock (16.9%), cash (2.7%), other (1.9%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
1314 Douglas Street
Omaha, NE 68102
Omaha, NE 68102
Phone Number
(402) 916-3000
NAIC Number
20052
Website
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