Major Rating Factors:
Good overall profitability (5.1 on a scale of 0 to 10). Return on equity has been fair, averaging 6.0%. Fair overall results on stability tests (4.8) including excessive premium growth. Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years.
Other Rating Factors:
High quality investment portfolio (7.3). Excellent Liquidity (8.8).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Credit life (52.5%), credit health (46.9%), group health (0.6%)
Licensed in:
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
Assurant Inc
Investment Rating
Company Address
350 CARLOS CHARDON AVENUE
SAN JUAN, PR 00918
SAN JUAN, PR 00918
Phone Number
(787) 250-6470
NAIC Number
73156
Website
Largest Affiliates