AM Finest Affirms Credit score Scores of Outdated United Casualty Firm and Outdated United Life Insurance coverage Firm

OLDWICK, N.J., June 15, 2022–(BUSINESS WIRE)–AM Finest has affirmed the Monetary Power Scores of A (Glorious) and the Lengthy-Time period Issuer Credit score Scores of “a+” (Glorious) of Outdated United Casualty Firm (OUC) and Outdated United Life Insurance coverage Firm (OUL). The outlook of those Credit score Scores (scores) is secure. Each firms are headquartered in Merriam, KS.

The scores of OUC mirror its stability sheet power, which AM Finest assesses as strongest, in addition to its sturdy working efficiency, restricted enterprise profile and applicable enterprise threat administration (ERM).

OUC’s stability sheet power evaluation is pushed by its risk-adjusted capitalization being on the strongest stage, as measured by Finest’s Capital Adequacy Ratio (BCAR), in addition to its sturdy liquidity and low underwriting leverage. The corporate has a document of sturdy working efficiency, categorized by worthwhile underwriting outcomes and a supportive stage of funding earnings from its funding portfolio. The corporate advantages from being affiliated with Berkshire Hathaway Inc. (Berkshire), its final mother or father. Moreover, Berkshire manages OUC’s funding portfolio.

OUC makes a speciality of offering car service contracts, primarily to affiliated vehicle dealerships owned by Berkshire Hathaway Automotive. OUC workout routines superior loss management on account of its affiliation and likewise advantages from the advertising and distribution platforms offered by these associates.

The scores of OUL mirror its stability sheet power, which AM Finest assesses as very sturdy, in addition to its enough working efficiency, restricted enterprise profile and applicable ERM.

OUL’s strongest stage of risk-adjusted capitalization, as measured by BCAR, and excessive ranges of liquidity are offset by the corporate’s enough working efficiency, which incorporates modest however optimistic working earnings. OUL additionally advantages from its affiliation with Berkshire and the identical affiliated automotive dealerships as OUC.

AM Finest views OUC’s and OUL’s enterprise profiles as restricted. Auto guarantee represents over 90% of OUC’s enterprise, with substantial geographic focus in a number of states. OUL’s credit score life and credit score accident and well being merchandise are also centered within the automotive market and geographically concentrated with greater than 90% of its enterprise in Michigan, Texas and Arizona. AM Finest considers ERM applicable relative to the businesses’ threat profiles.

This press launch pertains to Credit score Scores which were printed on AM Finest’s web site. For all ranking data regarding the discharge and pertinent disclosures, together with particulars of the workplace accountable for issuing every of the person scores referenced on this launch, please see AM Finest’s Current Ranking Exercise net web page. For added data concerning the use and limitations of Credit score Ranking opinions, please view Information to Finest’s Credit score Scores. For data on the right use of Finest’s Credit score Scores, Finest’s Efficiency Assessments, Finest’s Preliminary Credit score Assessments and AM Finest press releases, please view Information to Correct Use of Finest’s Scores & Assessments.

AM Finest is a world credit standing company, information writer and information analytics supplier specializing within the insurance coverage business. Headquartered in the USA, the corporate does enterprise in over 100 nations with regional places of work in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico Metropolis. For extra data, go to

Copyright © 2022 by A.M. Finest Ranking Providers, Inc. and/or its associates. ALL RIGHTS RESERVED.

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Christopher Pennings
Monetary Analyst – P/C
+1 908 439 2200, ext. 5611
[email protected]

Christopher Sharkey
Supervisor, Public Relations
+1 908 439 2200, ext. 5159
[email protected]

Kevin Varvaro
Monetary Analyst – L/H
+1 908 439 2200, ext. 5487
[email protected]

Jeff Mango
Managing Director,
Technique & Communications
+1 908 439 2200, ext. 5204
jeffrey.m[email protected]

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