Major Rating Factors:
Vulnerable liquidity (0.0 on a scale of 0 to 10) as a spike in claims may stretch capacity. Fair profitability index (2.9) with operating losses during 2022 and 2023. Fair long-term capitalization index (4.4) based on fair current risk adjusted capital (severe loss scenarios) reflecting improvement over results in 2023.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.2) despite weak risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
Principal Lines of Business:
Other (100%)
Licensed in:
GU, MP
Principal Investments:
Cash (47.7%), investment grade bonds (35.6%), other (16.6%)
Corporate Info
Group Affiliation
Calvo Enterprises Inc
Investment Rating
--
Company Address
250 Route Four
Hagatna, GU 96910
Hagatna, GU 96910
Phone Number
(671) 475-5710
NAIC Number
11216
Website
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Largest Affiliates