Major Rating Factors:
Weak overall results on stability tests (1.8 on a scale of 0 to 10) including negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 15.9% of capital. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Excellent profitability index (8.3).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (25.0%), comm multi (20.6%), homeowners (12.7%), fire (5.6%), fin guar/surety (1.3%), work comp (0.2%), other (34.6%)
Licensed in:
PR, VI
Principal Investments:
Investment grade bonds (84.4%), real estate (6.2%), common stock (4.9%), cash (2.9%), other (1.6%)
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
43052
Website
Largest Affiliates