Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years. Excellent profitability (8.5) despite a decline in earnings during 2021. Excellent capitalization (7.8) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2017.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
PR
Principal Enrollment Breakdown:
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