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| Abstract: | NEW YORK (Standard & Poor's CreditWire) June 24, 1999--Standard & Poor's today affirmed its triple-`A' senior debt and counterparty credit ratings on Berkshire Hathaway Inc. as well as its `A-1'-plus rating on the company's commercial paper. Standard & Poor's affirmed its triple-`A' financial strength and counterparty credit ratings on the members of Berkshire Hathaway Insurance Group (see list). Major rating factors include: -- Strong Management. Warren Buffett has transformed Berkshire Hathaway into an insurance giant over the last two and a half years. The Berkshire Hathaway Insurance Group -û now comprising jewels like General Reinsurance Co. and subsidiaries and Government Employees Insurance Co. and its subsidiariesù- commands a strong and substantial position in the insurance world. -- Superior Capitalization. With |
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| Brief Excerpt: | RESEARCH Berkshire Hathaway Inc.'s and Berkshire Hathaway Insurance Group's `###' Ratings Affirmed Publication date: 24-Jun-1999 NEW YORK (Standard & Poor's CreditWire) June 24, 1999--Standard & Poor's today affirmed its triple-`A' senior... |
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| Sector | Asset-Backed Securities, Collateralized Debt Obligations, Commercial MBS, Corporations, Financial Institutions, Global Issuers, Insurance, Public Finance, Residential MBS, Structured Finance |
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