GEICO County Mutual Ins Co
Major Rating Factors:
Fair profitability index (3.9 on a scale of 0 to 10) with small operating losses during 2021 and 2022. Fair overall results on stability tests (3.5) including excessive premium growth, weak risk adjusted capital in prior years and negative cash flow from operations for 2024. Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc. History of adequate reserve strength (5.6) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.8%), other (0.2%)
Licensed in:
TX
Principal Investments:
Cash (0.6%), other (99.4%)
Ratios
Premium to Surplus
--
Reserve to Surplus
--
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
--
Combined Ratio
--
Cash From Underwriting
--
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
2280 North Greenville Avenue
Richardson, TX 75082
Richardson, TX 75082
Phone Number
(301) 986-3880
NAIC Number
29181
Website
Largest Affiliates