Berkshire Hathaway Rallies Amid Value Rotation; AM Best Affirms Top Credit Rating for Insurance Unit

Berkshire Hathaway Class B shares surged 2.90% to $508.07 after the conglomerate's crucial insurance segment received top-tier financial strength ratings from AM Best.

• The subsidiary, Berkshire Hathaway International Insurance Limited (BHIIL), was assigned the highest Financial Strength Rating of A++ (Superior).
• BHIIL also received a Long-Term Issuer Credit Rating of "aaa" (Exceptional), supporting confidence in the firm's value stock positioning during a market shift away from technology.