B
GOVERNMENT EMPLOYEES INS CO
Data as of
December 31, 2021
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good overall results on stability tests (5.3 on a scale of 0 to 10) despite potential drain of affiliation with Berkshire-Hathaway. History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level.
Other Rating Factors: Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability (8.5) 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: 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
5260 WESTERN AVENUE
OMAHA, NE 68131
Phone Number
(301) 986-3880
NAIC Number
22063
Largest Affiliates
B
Omaha, NE - P&C
C
Omaha, NE - P&C
C
WILMINGTON, DE - P&C
Weiss Ratings