Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2021, 2023 and 2024. Fair overall results on stability tests (4.9) including excessive premium growth. The largest net exposure for one risk is high at 4.2% of capital. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (7.7) 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.
Principal Lines of Business:
Homeowners (69.8%), fire (6.5%), other (23.7%)
Licensed in:
HI
Principal Investments:
Investment grade bonds (69.0%), cash (27.7%), other (3.3%)
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