Major Rating Factors:
Fair profitability index (3.3 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2024. Average return on equity over the last five years has been poor at -2.6%. Fair overall results on stability tests (2.9) including fair risk adjusted capital in prior years. Good long-term capitalization index (5.7) 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. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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:
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
--
Company Address
520 Route Eight
Maite, GU 96910
Maite, GU 96910
Phone Number
(671) 477-9423
NAIC Number
31658
Website
--
Largest Affiliates
No affiliate information available.