Major Rating Factors:
Strong long-term capitalization index (7.3 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (7.6) with operating gains in each of the last five years.
Other Rating Factors:
Superior liquidity (9.1) 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 (30.7%), product liab. (0.9%), homeowners (0.2%), other (68.2%)
Licensed in:
All states except AL, IN, KY, MA, ME, ND, NH, TN, also licensed in Canada
Principal Investments:
Common stock (85.0%), investment grade bonds (14.3%), cash (0.7%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
1190 Devon Park Drive
Wayne, PA 19087
Wayne, PA 19087
Phone Number
(888) 523-5545
NAIC Number
25895
Website
Largest Affiliates