Major Rating Factors:
Fair profitability index (4.6 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2023. Return on equity has been fair, averaging 5.0% over the past five years. Good long-term capitalization index (6.5) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2023. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.6) despite negative cash flow from operations for 2024 and good risk adjusted capital in prior years. Ample reserve history (8.3) that helps to protect the company against sharp claims increases.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (96.4%), other (3.6%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (98.8%), non investment grade bonds (1.0%), cash (0.1%)
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
EP Loya Group LP
Investment Rating
--
Company Address
1800 Lee Trevino
El Paso, TX 79936
El Paso, TX 79936
Phone Number
(915) 590-5692
NAIC Number
12589
Website
Largest Affiliates