Major Rating Factors:
Strong long-term capitalization index (8.1 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.6) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 32.6%.
Other Rating Factors:
Excellent liquidity (8.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.0). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (32.8%), fire (15.8%), med mal (0.8%), work comp (0.2%), personal/comm auto (0.2%), other (50.2%)
Licensed in:
PR
Principal Investments:
Investment grade bonds (81.6%), cash (16.5%), real estate (1.9%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
1445 FD Roosevelt Avenue
San Juan, PR 00920
San Juan, PR 00920
Phone Number
(787) 274-4700
NAIC Number
30953
Website
Largest Affiliates
