Major Rating Factors:
Good Liquidity (6.9 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.8) including weak results on operational trends and negative cash flow from operations for 2024. Weak profitability (2.4) with operating losses during 2024. Return on equity has been low, averaging 0.9%.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.1).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (99.9%), group life (0.1%)
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
Humana Inc
Investment Rating
Company Address
383 FD ROOSEVELT AVENUE
SAN JUAN, PR 00918
SAN JUAN, PR 00918
Phone Number
(787) 282-7900
NAIC Number
84603
Website
Largest Affiliates