Major Rating Factors:
Weak overall results on stability tests (2.5 on a scale of 0 to 10) including weak results on operational trends. Strong overall capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. High quality investment portfolio (9.1).
Other Rating Factors:
Excellent profitability (8.1) with operating gains in each of the last five years. Excellent Liquidity (9.6).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (97.1%), group life (2.9%)
Licensed in:
No States
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Popular Inc
Investment Rating
Company Address
CORPORATE OFFICE PARK SOLAR A
GUAYNABO, PR 00966
GUAYNABO, PR 00966
Phone Number
(787) 706-4111
NAIC Number
11876
Website
Largest Affiliates