Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 54.6 million in losses in the last five years. Good overall results on stability tests (6.2) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2019. Excellent quality investment portfolio (8.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
PR
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
P.O. Box 44
Aibonito, PR 00705
Aibonito, PR 00705
Phone Number
(787) 735-4520
NAIC Number
95730
Website
Largest Affiliates
No affiliate information available.