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Article: A.M. Best Places Ratings of Berkshire Hathaway Inc.'s Subsidiaries Under Review with Negative Implications.
- Article from:
- Business Wire
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the domestic and international property/casualty and life/health subsidiaries of Berkshire Hathaway Inc. (BRK) (Omaha, NE) [NYSE: BRK.A and BRK.B] under review with negative implications. Concurrently, A.M. Best has placed the FSRs of A++ (Superior) and ICRs of "aaa" of National Indemnity Group (National Indemnity) (Omaha, NE) and Government Employers Group (GEICO) (Chevy Chase, MD) and their members under review with negative implications. In addition, A.M. Best has placed the FSRs of A++ (Superior) and ICRs of "aa+" of General Re Group (Gen Re) (Delaware) ...