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. Excellent profitability index (7.1) despite operating losses during 2023. Excellent expense controls. Excellent liquidity (8.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (8.7). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (5.7) as reserves have been consistently at an acceptable level.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (99.7%), other (0.3%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (99.2%), other (0.8%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
7272 Wisconsin Avenue
Bethesda, MD 20814
Bethesda, MD 20814
Phone Number
(301) 986-3000
NAIC Number
35882
Website
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