C
Hawaiian Ins & Grty Co Ltd
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.6 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 5.1% of capital. Weak profitability index (2.8) with operating losses during 2021, 2023 and 2024. Good long-term capitalization index (6.6) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years.
Other Rating Factors: Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (8.2) with ample operational cash flow and liquid investments.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. C - Past results on our Risk-Adjusted Capital tests. D - Limited diversification of general business, policy, and/or investment risk.
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%)
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
Milo Family 2016 Appointed Trust
Investment Rating
--
Company Address
Pioneer Plaza
Honolulu, HI 96813
Phone Number
(808) 536-2777
NAIC Number
12767
Largest Affiliates
D
Tallahassee, FL - P&C
B
Tallahassee, FL - P&C
D
Shoreview, MN - P&C