Major Rating Factors:
Strong long-term capitalization index (8.6 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.3) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.3%.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.8% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (6.8%), homeowners (5.9%), fire (5.3%), comm multi (2.2%), work comp (0.7%), med mal (0.7%), fin guar/surety (0.3%), product liab. (0.1%), other (77.9%)
Licensed in:
AK, AZ, CA, CO, DE, FL, IA, ID, IL, IN, LA, MN, MO, MT, ND, NE, NM, NV, OH, OR, SC, SD, TN, TX, UT, VA, WA, WY
Principal Investments:
Common stock (64.1%), investment grade bonds (27.2%), non investment grade bonds (1.1%), preferred stock (0.9%), cash (0.2%), other (6.5%)
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
27812
Website
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