Major Rating Factors:
Strong long-term capitalization index (10.0 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. Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2) with operating gains in each of the last five years.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.6) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (19.7%), homeowners (1.8%), product liab. (0.7%), other (77.8%)
Licensed in:
All states except CO, DE, HI, LA, NE, NY, OR, PA, WV
Principal Investments:
Investment grade bonds (96.9%), cash (3.1%)
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
35416
Website
Largest Affiliates