B
Government Employees Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Capital
Net
Premiums
Net
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Major Rating Factors: Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (7.2). Excellent expense controls.
Other Rating Factors: Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (4.3) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 16.0% deficient.
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (98.2%), other (1.8%)
Licensed in: All states
Principal Investments: Common stock (82.4%), investment grade bonds (15.3%), real estate (0.1%), other (2.2%)
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Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
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Investments in Affiliates
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
5260 Western Avenue
Chevy Chase, MD 20815
Phone Number
(800) 841-3000
NAIC Number
22063
Largest Affiliates
A
Omaha, NE - P&C
B
Omaha, NE - P&C
B
Stamford, CT - P&C
B
Chevy Chase, MD - P&C