Major Rating Factors:
Fair profitability index (4.8 on a scale of 0 to 10) with small operating losses during 2021. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.9). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Med mal (98.8%), other (1.2%)
Licensed in:
CT, DE, MA, ME, NJ, NY, PA, RI, VT
Principal Investments:
Investment grade bonds (161.5%), cash (4.1%), common stock (1.2%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
Two Park Avenue
New York, NY 10016
New York, NY 10016
Phone Number
(212) 576-9801
NAIC Number
34231
Website
Largest Affiliates