Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) including weak risk adjusted capital in prior years. The largest net exposure for one risk is high at 3.9% of capital. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. Ample reserve history (10.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (9.4). Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (3.7%), other (96.3%)
Licensed in:
HI
Principal Investments:
Common stock (32.0%), cash (29.4%), investment grade bonds (28.7%), non investment grade bonds (6.1%), other (3.8%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
700 Bishop Street
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 585-3500
NAIC Number
44598
Website
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Largest Affiliates
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