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American Centennial Insurance Company
American Centennial Insurance Company is a US-based insurance company headquartered in Wilmington. It oversees approximately $29 million in assets across one...
American Centennial Insurance Company
American Centennial Insurance Company is a US-based insurance company headquartered in Wilmington. It oversees approximately $29 million in assets across one fund, primarily focused on North America.
General information
Firm type
Insurance
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
Wilmington, DE, United States
Additional offices
Philadelphia, PA, United States
Principals
Warren Buffett
Chairman and CEO of parent company Berkshire Hathaway Inc.
Tracy L. Gulden
Director and Senior Vice President at National Indemnity Company
Nancy F. Peters
Director
Sector focus
Frequently asked questions
Who controls investment decisions for American Centennial's float?
Investment allocation is directed by Berkshire Hathaway's Omaha headquarters, where Warren Buffett and his portfolio managers — Todd Combs and Ted Weschler — deploy insurance float across public equities and private opportunities. American Centennial does not maintain its own investment committee; premiums flow upward into the parent's consolidated capital pool alongside float from GEICO, General Re, and the broader National Indemnity group.
How did American Centennial come under Berkshire Hathaway's ownership?
Berkshire Hathaway acquired American Centennial from White Mountains Insurance Group in 2008, folding it into the National Indemnity subsidiary group. The purchase reflected Berkshire's ongoing strategy of acquiring specialty carriers that generate underwriting discipline and durable float, rather than pursuing market-share growth through aggressive premium pricing.
What lines of insurance does American Centennial underwrite?
The carrier writes commercial property-casualty lines, with confirmed participation in workers' compensation and rate-regulated markets through its membership in the Pennsylvania Compensation Rating Bureau and North Carolina Rate Bureau. Precise book composition beyond these bureau memberships is not separately disclosed from the broader National Indemnity group reporting.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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