Major Rating Factors:
Good overall results on stability tests (6.0 on a scale of 0 to 10) despite excessive premium growth. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.8) with operating losses during 2022 and 2023.
Stability Factors:
Principal Lines of Business:
Med mal (99.0%), personal/comm auto (1.0%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (55.5%), common stock (37.5%), cash (6.7%), other (0.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
733 Bishop Street
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 535-0511
NAIC Number
10080
Website
--
Largest Affiliates
There are no affiliate to display.