Major Rating Factors:
Fair profitability (4.9 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair overall results on stability tests (3.9). Good quality investment portfolio (5.7) with minimal exposure to mortgages and minimal holdings in junk bonds.
Other Rating Factors:
Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.5).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Ancon Investment Corp
Investment Rating
--
Company Address
470 Ponce de Leon Ave
Hato Rey, PR 00918
Hato Rey, PR 00918
Phone Number
(787) 758-8080
NAIC Number
72087
Website
Largest Affiliates