GEICO General Ins Co
Major Rating Factors:
Good overall profitability index (6.2 on a scale of 0 to 10) despite operating losses during 2023. Excellent expense controls. Return on equity has been low, averaging 3.9% over the past five years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (4.9) as reserves have generally been sufficient to cover claims.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.8%), other (0.2%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (99.3%), other (0.7%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
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Company Address
5260 Western Avenue
Chevy Chase, MD 20815
Chevy Chase, MD 20815
Phone Number
(301) 986-3880
NAIC Number
35882
Website
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Largest Affiliates