Major Rating Factors:
Strong long-term capitalization index (8.1 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 (7.0) that can protect against increases in claims costs. Excellent overall profitability index (6.9) with operating gains in each of the last five years. Return on equity has been low, averaging 4.0% over the past five years.
Other Rating Factors:
Superior liquidity (9.1) 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:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (26.7%), product liab. (0.9%), homeowners (0.4%), other (72.0%)
Licensed in:
AL, DE, IN, KY, MA, ME, NE, NH, NY, PA, TN
Principal Investments:
Common stock (85.8%), investment grade bonds (12.0%), cash (2.2%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
1190 Devon Park Drive
Wayne, PA 19087
Wayne, PA 19087
Phone Number
(800) 523-5545
NAIC Number
26522
Website
Largest Affiliates