Major Rating Factors:
Strong long-term capitalization index (7.4 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. Excellent profitability index (7.6) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.9%. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.8). Stability strengths include excellent operational trends and excellent risk diversification. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (56.3%), comm multi (20.3%), homeowners (12.0%), fire (0.8%), fin guar/surety (0.8%), other (9.8%)
Licensed in:
PR
Principal Investments:
Investment grade bonds (56.6%), common stock (30.2%), real estate (5.8%), non investment grade bonds (1.8%), preferred stock (1.8%), cash (0.6%), other (3.1%)
Corporate Info
Group Affiliation
Universal Group Inc
Investment Rating
--
Company Address
Metro Office Park
Guaynabo, PR 00968
Guaynabo, PR 00968
Phone Number
(787) 706-7155
NAIC Number
31704
Website
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