Major Rating Factors:
Good overall profitability index (6.1 on a scale of 0 to 10) with small operating losses during 2020. Return on equity has been fair, averaging 5.8% over the past five years. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Superior liquidity (9.6) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.8). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (13.4%), med mal (11.6%), fire (9.3%), homeowners (2.9%), personal/comm auto (2.8%), fin guar/surety (0.3%), product liab. (0.2%), other (59.6%)
Licensed in:
(No states)
Principal Investments:
Common stock (54.6%), investment grade bonds (40.6%), cash (1.3%), non investment grade bonds (0.9%), other (2.5%)
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
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