Major Rating Factors:
Good overall profitability (6.1 on a scale of 0 to 10). Return on equity has been fair, averaging 9.3%. Fair overall results on stability tests (4.8) including excessive premium growth, weak results on operational trends, negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.3). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group life (60.8%), ind health (10.7%), other (28.6%)
Licensed in:
PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Triple-S Management Corp
Investment Rating
--
Company Address
1052 Munoz Rivera Avenue
San Juan, PR 00927
San Juan, PR 00927
Phone Number
(787) 777-8432
NAIC Number
61158
Website
Largest Affiliates