Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.4) 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.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Fair profitability index (4.9) with operating losses during 2022. Return on equity has been low, averaging 1.7% over the past five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (97.6%), other (2.4%)
Licensed in:
IA, MN, ND, PA
Principal Investments:
Common stock (81.0%), investment grade bonds (15.1%), cash (0.4%), other (3.4%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
1314 Douglas Street
Omaha, NE 68102
Omaha, NE 68102
Phone Number
(402) 916-3000
NAIC Number
20060
Website
Largest Affiliates