AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ MembersJuly 26, 2023
A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and are domiciled in Wilkes-Barre, PA, unless otherwise specified. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect GUARD’s balance sheet strength, which A.M. Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management, with lift from parental support.
Read the full A.M. Best press release.