Major Rating Factors:
Fair profitability index (4.1 on a scale of 0 to 10) with operating losses during 2021 and 2024. Return on equity has been low, averaging 1.3% over the past five years. History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (9.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.9) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.5). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.5% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (19.3%), personal/comm auto (18.8%), homeowners (18.0%), fire (11.8%), work comp (11.3%), product liab. (0.7%), other (20.2%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (88.0%), common stock (3.9%), cash (3.8%), non investment grade bonds (1.4%), preferred stock (1.1%), other (1.8%)
Corporate Info
Group Affiliation
Tokio Marine Holdings Inc
Investment Rating
--
Company Address
1100 Ward Avenue
Honolulu, HI 96814
Honolulu, HI 96814
Phone Number
(808) 527-7777
NAIC Number
41742
Website
Largest Affiliates