If investors continue to show discretion in choosing companies with favorable
operating performance relative to expectations, this would benefit higher quality companies.
The gain occurred even though 2017 has been Berkshire's second straight year of mediocre
operating performance relative to prior periods.
Not exact matches
But it's worth noting because if investors are being more sensitive to actual company
operating performance, then the trend in
relative performance between high and low quality companies may continue.
The A.M. Best rating is a forward - looking and objective opinion regarding an insurer's
relative creditworthiness based on a comprehensive analysis of balance sheet strength,
operating performance, and company profile.
The Company reported its financial results under a single
operating segment, and did not disclose track - level information to any finer degree of granularity, making third - party analysis of the
relative performance of various tracks a daunting task.
The A.M. Best rating is a forward - looking and objective opinion regarding an insurer's
relative creditworthiness based on a comprehensive analysis of balance sheet strength,
operating performance, and company profile.