Company

GEICO

GEICO
Insurance / Auto InsuranceFirst mentioned: 197642 letter mentions

Investment Timeline

1976Initial investment during crisis
GEICO is one of the largest auto insurers in the United States... the company's loss ratio (losses expressed as a percentage of premiums earned) has been moving toward an acceptable level.
1976 Rising from the Asches - 1976
1995100% ownership acquired
Berkshire acquired the remaining 48% of GEICO it did not own... GEICO is now a wholly-owned subsidiary of Berkshire.
1995 The GEICO Transformation - 1995