Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) despite operating losses during 2020. Return on equity has been good over the last five years, averaging 20.8%. Fair overall results on stability tests (4.7) 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 (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020.
Other Rating Factors:
Ample reserve history (10.0) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (3.8%), other (96.2%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (41.0%), common stock (32.0%), cash (24.4%), other (2.6%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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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
No affiliate information available.