by John Darer® CLU ChFC MSSC RSP CLTC
The FORTUNE Most Admired list is the definitive report card on corporate reputations and has been published annually for over 30 years. FORTUNE teamed with its survey partners at Korn Ferry Hay Group initially with approximately 1,500 companies: the Fortune 1,000—the 1,000 largest U.S. companies ranked by revenue—and non-U.S. companies in Fortune’s Global 500 database with revenues of $10 billion or more. Korn Ferry Hay Group then selected the 15 largest for each international industry and the 10 largest for each U.S. industry, surveying a total of 652 companies from 30 countries. To create the 54 industry lists, Korn Ferry Hay Group asked executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to social responsibility. A company’s score must rank in the top half of its industry survey to be listed.
Berkshire Hathaway was rated #4 most admired company in the world in the 2016 survey. Berkshire Hathaway issues structured settlement annuities through its subsidiaries Berkshire Hathaway Life Insurance Company of Nebraska, First Berkshire Hathaway Life Insurance Company, in New York and Periodic Payment Reinsurance through National Indemnity Company. Obligations of its qualified assignment company, BHG Structured Settlements Inc. are guaranteed by another subsidiary Columbia Insurance Company. Berkshire Hathway was also the most admired property & casualty insurer on the industry list.
Companies who issue structured settlement annuities who placed in the top life insurance category [ all three companies have been in business since the 1800s!]
1. Prudential Financial
2. New York Life Insurance
No structured settlement factoring companies have ever been named in the FORTUNE survey of most admired companies.