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. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.2).
Other Rating Factors:
Excellent overall results on stability tests (7.6). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (55.7%), comm multi (20.2%), homeowners (12.4%), fire (0.8%), fin guar/surety (0.8%), other (10.2%)
Licensed in:
PR
Principal Investments:
Investment grade bonds (55.8%), common stock (31.3%), real estate (5.5%), preferred stock (2.0%), cash (1.6%), non investment grade bonds (1.4%), other (2.3%)
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
Largest Affiliates