Major Rating Factors:
Fair quality investment portfolio (4.0 on a scale of 0 to 10). Fair profitability (4.0). Excellent expense controls. Return on equity has been low, averaging -0.6%. Weak overall results on stability tests (2.8) including weak results on operational trends and negative cash flow from operations for 2022.
Other Rating Factors:
Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.0).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group life (46.2%), other (53.8%)
Licensed in:
All states except PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Berkshire-Hathaway
Investment Rating
--
Company Address
1314 Douglas Street Suite 1400
Omaha, NE 68102
Omaha, NE 68102
Phone Number
(402) 916-3000
NAIC Number
62345
Largest Affiliates
