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). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (7.0) despite operating losses during 2021.
Other Rating Factors:
Superior liquidity (9.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Fire (17.8%), med mal (11.1%), product liab. (1.3%), other (69.9%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (73.8%), common stock (26.2%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
400 Atlantic Street
Stamford, CT 06901
Stamford, CT 06901
Phone Number
(203) 328-5700
NAIC Number
37362
Website
Largest Affiliates