Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 165.6% 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 (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fin guar/surety (36.7%), homeowners (23.2%), fire (1.1%), other (39.0%)
Licensed in:
PR
Principal Investments:
Investment grade bonds (64.8%), common stock (19.9%), cash (11.4%), non investment grade bonds (0.8%), other (3.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
Urb. Caparra Hls Ind Park
Guaynabo, PR 00968
Guaynabo, PR 00968
Phone Number
(787) 273-1818
NAIC Number
44423
Website
Largest Affiliates
No affiliate information available.