Major Rating Factors:
Strong long-term capitalization index (10.0 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 (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.3). Excellent expense controls.
Other Rating Factors:
Superior liquidity (9.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.5). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (6.4%), fire (4.8%), personal/comm auto (3.6%), product liab. (1.0%), work comp (0.1%), other (84.1%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (90.3%), cash (4.4%), non investment grade bonds (0.4%), other (4.9%)
Corporate Info
Group Affiliation
American International Group Inc
Investment Rating
Company Address
American International Plaza
San Juan, PR 00918
San Juan, PR 00918
Phone Number
(787) 767-6400
NAIC Number
31674
Website
Largest Affiliates