Major Rating Factors:
Fair overall results on stability tests (4.6 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 6.0% of capital. Strong long-term capitalization index (8.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.9). Excellent expense controls. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
Principal Lines of Business:
Homeowners (43.2%), fire (1.4%), personal/comm auto (0.7%), other (54.7%)
Licensed in:
PR
Principal Investments:
Investment grade bonds (86.5%), cash (7.0%), common stock (6.5%)
Corporate Info
Group Affiliation
Fundacion Mapfre Estudios
Investment Rating
--
Company Address
297 Calle Cesar Gonzalez
San Juan, PR 00918
San Juan, PR 00918
Phone Number
(787) 250-6500
NAIC Number
31690
Website
Largest Affiliates