B
GOVERNMENT EMPLOYEES INS CO
Data as of
June 30, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: History of adequate reserve strength (5.5 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Fair overall results on stability tests (4.1).
Other Rating Factors: Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability (7.0) with operating gains in each of the last five years. Excellent expense controls. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Stability Factors: R - Concerns about the financial strength of its reinsurers. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (97.3%), other (2.7%)
Licensed in: All states except PR
Principal Investments: Common stock (65.2%), investment grade bonds (27.5%), preferred stock (6.6%), real estate (0.3%), other (0.4%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Berkshire-Hathaway
Investment Rating
--
Company Address
3555 Farnam Street Suite 1440
OMAHA, NE 68131
Phone Number
(800) 841-3000
NAIC Number
22063
Largest Affiliates
B
OMAHA, NE - P&C
C
OMAHA, NE - P&C
C
WILMINGTON, DE - P&C
Weiss Ratings