Major Rating Factors:
History of adequate reserve strength (5.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent overall results on stability tests (7.4). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (4.9) with small operating losses during 2020.
Stability Factors:
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (70.9%), common stock (16.9%), real estate (6.9%), non investment grade bonds (2.2%), cash (0.4%), other (2.7%)
Corporate Info
Group Affiliation
Hawaii Employers Mutual Ins Co Inc
Investment Rating
--
Company Address
915 Fort Street Mall
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 524-3642
NAIC Number
10781
Website
Largest Affiliates