Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10). Good overall results on stability tests (5.4) despite weak risk adjusted capital in prior years and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
PR, VI
Principal Investments:
Investment grade bonds (29.6%), cash (3.5%), other (66.9%)
Corporate Info
Group Affiliation
Assurant Inc
Investment Rating
Company Address
350 Avenida Carlos Chardon
San Juan, PR 00918
San Juan, PR 00918
Phone Number
(787) 250-6470
NAIC Number
30590
Website
Largest Affiliates