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2025-10-262026-04-19
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25 items- PRAM Best Affirms Credit Ratings of National Indemnity Company and Its AffiliatesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aaa" (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity). These companies are subsidiaries of the ultimate parent, Berkshire Hathaway Inc. (Berkshire) (NYSE:BRK). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) The ratings reflect National Indemnity's balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enter
- PRDuracell Partners with Lionel Messi to Reveal Why He's Built DifferentEight-time Ballon D'Or Winner & World Cup Champion, Leo Messi, Joins the Duracell Scientist to Prove that Power Boost™ Ingredients Are the Difference Maker Duracell, one of the world's leading battery manufacturers, today unveiled its partnership with the undisputed greatest soccer player of all time, Lionel Messi. As the world's eyes fixate on the pitch for this summer's most anticipated soccer tournament, Duracell and Messi are teaming up to prove that true greatness isn't just born – it's also engineered. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260414049050/en/Duracell Partners with Lionel Messi to Reveal Why He's Bu
- PRAM Best Affirms Credit Ratings of Finial Reinsurance CompanyAM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Finial Reinsurance Company (Finial Re) (Stamford, CT), an indirect subsidiary of Berkshire Hathaway Inc. (Berkshire) (NYSE:BRK). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Finial Re's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also reflect Finial Re's strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), which
- PRAM Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its AffiliatesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of Berkshire Hathaway Homestate Insurance Company (Omaha, NE) and its property/casualty affiliates. These companies collectively are referred to as Berkshire Hathaway Homestate Companies (BHHC). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of companies.) The ratings reflect BHHC's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. Additionally, these ratings consider the ad
- PRAM Best Affirms Credit Ratings of Alleghany Corporation and Its AffiliatesAM Best affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of Transatlantic Reinsurance Company and its subsidiaries (collectively referred to as TransRe). In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IR) of "a+" (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in New York, NY. (See below for a detailed listing of the companies and ratings.) The ratings reflect TransRe's balance sheet strength, which AM Best assesses as stron
- PRAM Best Affirms Credit Ratings of RSUI Group's MembersAM Best affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "aa+" (Superior) of RSUI Indemnity Company and its reinsured subsidiaries, collectively referred to as RSUI Group (RSUI) (headquartered in Atlanta, GA). The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and their ratings.) The ratings of RSUI Group reflects its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management. The ratings also reflect implicit and explicit support provide
- PRMiners Win as China's Export Ban Triggers 54-Nation Pact Reshaping Critical MineralsIssued on behalf of GoldHaven Resource Corp. VANCOUVER, BC, Feb. 6, 2026 /PRNewswire/ -- Equity Insider News Commentary — The global supply map just broke. China restricted critical tungsten exports to Japan in January[1], causing the United States to counter by rallying 54 nations and launching $30 billion in strategic financing[2]. This geopolitical chess match is rapidly de-risking domestic production. It position GoldHaven Resources Corp. (CSE:GOH) (OTCQB:GHVNF), Sigma Lithium (NASDAQ:SGML) (TSXV:SGML) , Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), Rio Tinto (NYSE:RIO), and Talon Metals (TSX:TLO) (OTCID: TLOFD) at the forefront of a massive capital rotation. This is a structural pivot, no
- PRAM Best Affirms Credit Ratings of MLMIC Insurance CompanyAM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-" (Superior) of MLMIC Insurance Company (MLMIC) (Albany, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MLMIC's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings benefit from the financial support provided by MLMIC's direct parent company, National Indemnity Company (NICO), which is ultimately owned by Berkshire Hathaway Inc. (NYSE:BRK). MLMIC has a long track record of favorable reserve development and
- PRAM Best Assigns Credit Ratings to Berkshire Hathaway International Insurance LimitedAM Best has assigned a Financial Strength Rating of A++ (Superior) and a Long-Term Issuer Credit Rating of "aaa" (Exceptional) to Berkshire Hathaway International Insurance Limited (BHIIL) (United Kingdom). BHIIL is a wholly owned subsidiary of National Indemnity Company, the lead operating company of the National Indemnity Group (National Indemnity). The ultimate parent is Berkshire Hathaway Inc. (NYSE:BRK). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings of BHIIL reflect National Indemnity's consolidated balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favourable business profile and appropr
- PROccidental Completes Sale of OxyChemHOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE:BRK, BRK.B)) for $9.7 billion in cash, subject to customary purchase price adjustments. "This transaction accelerates our strategy to strengthen Occidental's balance sheet and focus on our deep and diverse oil and gas portfolio which we have transformed over the last decade. We expect to operate our high-return oil and gas assets to deliver long-term value while driving innovation across our businesses," said President and Chief Executive Officer Vicki Hollub. "We thank the OxyChem team for their decades of excellence and
- PRAM Best Affirms Credit Ratings of General Reinsurance Corporation and Its SubsidiariesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of General Reinsurance Corporation (headquartered in Stamford, CT) and its core property/casualty (P/C) and life (re)insurance subsidiaries operating in the United States and internationally. These companies collectively are known as General Re Group (Gen Re). (Please see below for a detailed listing of these companies and Credit Ratings [ratings].) In addition, AM Best has affirmed the Long-Term ICR of "aa+" (Superior) of General Re Corporation (Delaware). The outlook of these ratings is stable. The ratings reflect Gen Re's balance sheet st
- PRAM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and its SubsidiaryAM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of "aa-" (Superior) of Central States Indemnity Co. of Omaha (CSI), and its subsidiary, CSI Life Insurance Company (CSI Life), collectively referred to as CSI. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Omaha, NE. The ratings reflect CSI's and CSI Life's balance sheet strength, which AM Best assesses as strongest, as well as their adequate operating performance, limited business profile and appropriate enterprise risk management. Additionally, CSI and CSI Life benefit from their very conservative underwriting leverage, above average liqu
- PRBerkshire Hathaway Inc. to Acquire OxyChemBerkshire Hathaway (NYSE:BRK) and Occidental (NYSE:OXY) today announced a definitive agreement for Berkshire Hathaway to acquire Occidental's chemical business, OxyChem, in an all-cash transaction for $9.7 billion, subject to customary purchase price adjustments. OxyChem is a global manufacturer of commodity chemicals vital to quality of life, with applications in water treatment, pharmaceuticals, healthcare and commercial and residential development. "This transaction strengthens our financial position and catalyzes a significant resource opportunity we've been building in our oil and gas business for the last decade. I'm incredibly proud of the impressive work the team has done to creat
- PRHelzberg Survey Reveals Paradoxes of the Modern Proposal - and Clear Gen Z vs. Millennial SplitsNew national study finds most couples want a private "yes," yet expect to collaborate on the ring and plan to post about the moment online. Gen Z prioritizes sustainability, customization, and does their research on social. Online browsing is important, but in-store expertise remains decisive for most couples. KANSAS CITY, Mo., Sept. 30, 2025 /PRNewswire/ -- Helzberg shared findings from its 2025 Engagement & Ring Shopping Survey, offering a data-driven look at how couples plan proposals, shop for rings and get educated. The nationally representative study of 1,000 U.S. adults ages 20 to 40 shows 83% of respondents prefer a private proposal, and most couples collaborate on the ring in advanc
- PRAM Best Affirms Credit Ratings of United States Liability Insurance Company and Its SubsidiariesAM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of "aa+" (Superior) of United States Liability Insurance Company (USLI) and its subsidiaries: Mount Vernon Fire Insurance Company; U.S. Underwriters Insurance Company (Bismarck, ND); Mount Vernon Specialty Insurance Company; and Radnor Specialty Insurance Company. The outlook of these Credit Ratings (ratings) is stable. All companies are domiciled in Omaha, NE, unless otherwise specified. The ratings reflect the insurance operating companies' consolidated balance sheet strength, which AM Best assesses as strongest, as well as their very strong operating performance, neutral busines
- PRAM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies' MembersAM 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, which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and domiciled in Omaha, NE. The outlook of these Credit Ratings (ratings) is negative. The ratings reflect GUARD's balance sheet strength, which AM Best assesses at the strongest level, as well as its adequate operating performance, neutral business profile and appropriate enterprise
- PRAM Best Affirms Credit Ratings of Members of MedPro GroupAM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of "aa+" (Superior) of the members of MedPro Group (MedPro). These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN) and its affiliates: Princeton Insurance Company (Princeton, NJ); PLICO, Inc. (Oklahoma City, OK); Wellfleet Insurance Company (Fort Wayne, IN); and Wellfleet New York Insurance Company (New York, NY); as well as MedPro's two reinsured affiliates, MedPro RRG Risk Retention Group and AttPro RRG Reciprocal Risk Retention Group (both domiciled in the District of Columbia). The outlook of these ratings is stable. The ratings reflect MedPro'
- PRNYSE Content Advisory: Pre-Market update + Warren Buffett to step down as Berkshire Hathaway CEONEW YORK, May 5, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 5th Warren Buffett told investors over the weekend at the company's annual meeting that he is going to step down as CEO of Berkshire Hathaway (NYSE:BRK) at the end of this year. Buffet will remain as chairman with Greg Abel replacing him as CEO.Stocks are pointing to a lower open early Monday after the S&P 500 extended its win streak Friday to the longest stretch of consecutive gains i
- PRAM Best Affirms Credit Ratings of National Indemnity Company and Its AffiliatesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aaa" (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity). These companies are subsidiaries of the ultimate parent, Berkshire Hathaway Inc. (Berkshire) (NYSE:BRK). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) The ratings reflect National Indemnity's balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterp
- PRAM Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its AffiliatesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of Berkshire Hathaway Homestate Insurance Company (Omaha, NE) and its five property/casualty affiliates. These companies collectively are referred to as Berkshire Hathaway Homestate Companies (BHHC). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of companies.) The ratings reflect BHHC's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. Additionally, these ratings consider th
- PRAM Best Affirms Credit Ratings of Finial Reinsurance CompanyAM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Finial Reinsurance Company (Finial Re) (Stamford, CT), an indirect subsidiary of Berkshire Hathaway Inc. (Berkshire) (NYSE:BRK). The outlook of these Credit Ratings (ratings) is stable. The ratings of Finial Re reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also reflect Finial Re's strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), whi
- PRJohns Manville Announces Plan to Build New Climate Pro Production Line in GeorgiaJohns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today a new Climate Pro blowing wool production line will be built in Winder, GA. The announcement coincided with the start of the NAHB International Builders' Show (IBS) in Las Vegas. "Climate Pro insulation continues to see strong growth and demand in the market," said Bob Wamboldt, President and CEO of Johns Manville. "This new production line in Winder will help JM meet our customers' growing demand for blowing wool." Construction is expected to start early next year, and the new production line will be operational in mid-2027. When this project is complete, JM will
- PRAM Best Affirms Credit Ratings of Alleghany Corporation and Its AffiliatesAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "aa+" (Superior) of Transatlantic Reinsurance Company and its subsidiaries (collectively referred to as TransRe). In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of "a+" (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in New York, NY. (See below for a detailed listing of the companies and ratings.) The ratings reflect TransRe's balance sheet strength, which AM Best assesses as
- PRAM Best Affirms Credit Ratings of MLMIC Insurance CompanyAM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-" (Superior) of MLMIC Insurance Company (MLMIC) (Albany, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MLMIC's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings benefit from the financial support provided by MLMIC's direct parent company, National Indemnity Company (NICO), which is ultimately owned by Berkshire Hathaway Inc. (NYSE:BRK). MLMIC has a long track record of favorable reserve development and
- PRAM Best Revises Outlooks to Negative for Berkshire Hathaway GUARD Insurance Companies' MembersAM Best has revised the outlooks to negative from stable and 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 domiciled in Omaha, NE. The Credit Ratings (ratings) reflect GUARD's balance sheet strength, which AM Best assesses at the strongest level, as well as its adequate operating performance, neutral business profile and app