Major Rating Factors:
Weak overall results on stability tests (2.8 on a scale of 0 to 10) including weak risk diversification and fair risk adjusted capital in prior years. Fair profitability index (3.3) with operating losses during 2021, 2022 and 2024. Average return on equity over the last five years has been poor at -2.6%. Good long-term capitalization index (5.6) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2024.
Other Rating Factors:
History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
Personal/comm auto (9.5%), homeowners (1.9%), other (88.6%)
Licensed in:
GU, MP
Principal Investments:
Cash (67.1%), investment grade bonds (9.3%), common stock (4.0%), other (19.7%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
520 Route Eight
Maite, GU 96910
Maite, GU 96910
Phone Number
(671) 477-9423
NAIC Number
31658
Website
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Largest Affiliates
No affiliate information available.