Major Rating Factors:
Weak overall results on stability tests (1.4 on a scale of 0 to 10) including excessive premium growth, weak risk diversification and weak results on operational trends. Fair profitability index (4.8) with operating losses during 2021. Good long-term capitalization index (6.3) based on good current risk adjusted capital (severe loss scenarios).
Other Rating Factors:
Ample reserve history (7.1) that can protect against increases in claims costs. Superior liquidity (9.9) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
HI
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
700 Bishop Street
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 585-3526
NAIC Number
16894
Website
Largest Affiliates
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