Major Rating Factors:
History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall profitability index (6.9) with small operating losses during 2020. Return on equity has been good over the last five years, averaging 13.5%.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.1). Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc, good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (13.2%), med mal (11.9%), comm multi (11.7%), personal/comm auto (5.3%), homeowners (2.7%), product liab. (0.2%), fin guar/surety (0.1%), other (54.9%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (77.1%), common stock (20.4%), cash (0.5%), non investment grade bonds (0.3%), other (1.7%)
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
20079
Website
Largest Affiliates