Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10). Good quality investment portfolio (6.5) despite mixed results such as: minimal exposure to mortgages and substantial holdings of BBB bonds but minimal holdings in junk bonds. Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years.
Other Rating Factors:
Excellent profitability (8.7) with operating gains in each of the last five years. Excellent Liquidity (8.1).
Stability Factors:
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (72.7%), ind annuities (25.8%), other (1.6%)
Licensed in:
FL, PR
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
Investments in Affiliates
Corporate Info
Group Affiliation
Trans-Oceanic Group Inc
Investment Rating
--
Company Address
# 121 ONEILL
SAN JUAN, PR 00918
SAN JUAN, PR 00918
Phone Number
(787) 620-2700
NAIC Number
69523
Website
Largest Affiliates