Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including weak results on operational trends. The largest net exposure for one risk is excessive at 110.5% of capital. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.7) with operating gains in each of the last five years. Excellent liquidity (8.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (24.0%), fire (20.0%), work comp (16.8%), homeowners (4.7%), fin guar/surety (0.4%), other (34.1%)
Licensed in:
GU, MP
Principal Investments:
Investment grade bonds (48.4%), common stock (27.4%), cash (14.2%), other (10.0%)
Corporate Info
Group Affiliation
Luen Thai Group
Investment Rating
--
Company Address
219 South Marine Corps Drive
Tamuning, GU 96913
Tamuning, GU 96913
Phone Number
(671) 648-0609
NAIC Number
12633
Largest Affiliates