Major Rating Factors:
Strong long-term capitalization index (8.8 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 (7.3).
Other Rating Factors:
Superior liquidity (9.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.9). Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc, excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.5% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (6.4%), personal/comm auto (5.4%), comm multi (3.9%), med mal (2.4%), work comp (2.0%), fire (1.9%), product liab. (0.1%), other (77.9%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (66.6%), common stock (26.1%), cash (5.0%), other (2.3%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
100 Federal Street
Boston, MA 02110
Boston, MA 02110
Phone Number
(617) 936-2900
NAIC Number
22276
Website
Largest Affiliates