Major Rating Factors:
Fair long-term capitalization index (4.8 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. Fair overall results on stability tests (4.6) including. The largest net exposure for one risk is excessive at 5.0% of capital. Weak profitability index (2.8) with operating losses during 2021, 2023 and 2024. Average return on equity over the last five years has been poor at -11.5%.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (8.3) 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