Major Rating Factors:
History of adequate reserve strength (6.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Weak overall results on stability tests (2.3) including. The largest net exposure for one risk is excessive at 13.3% of capital. Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.9) with small operating losses during 2020. Excellent expense controls. Superior liquidity (9.6) with ample operational cash flow and liquid investments.
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:
Med mal (100.0%)
Licensed in:
HI
Principal Investments:
Common stock (43.6%), investment grade bonds (37.0%), cash (17.1%), other (2.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
c/o Willis Towers Watson
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 535-0511
NAIC Number
13582
Website
Largest Affiliates
No affiliate information available.