Maya Assurance Co
Major Rating Factors:
Poor long-term capitalization index (0.1 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (0.0) that places pressure on both capital and profits. In the last five years, reserves (two year development) fluctuated between 250.3% and 925.0% deficient. Vulnerable liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (2.1) including weak risk adjusted capital in prior years, weak risk diversification and negative cash flow from operations for 2025. Fair profitability index (3.3) with operating losses during 2022, 2023 and 2025.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
NY
Principal Investments:
Cash (92.6%), investment grade bonds (7.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
24-29 Jackson Avenue
Long Island City, NY 11101
Long Island City, NY 11101
Phone Number
(718) 937-2010
NAIC Number
36030
Website
Largest Affiliates
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