Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 5.3% of capital. Weak profitability index (2.8) with operating losses during 2021, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -11.5%. Strong long-term capitalization index (7.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Superior liquidity (9.8) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (69.2%), fire (6.0%), other (24.7%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (67.4%), cash (26.1%), non investment grade bonds (0.3%), other (6.3%)
Corporate Info
Group Affiliation
Milo Family 2016 Appointed Trust
Investment Rating
--
Company Address
Pioneer Plaza
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 536-2777
NAIC Number
12767
Website
Largest Affiliates