Major Rating Factors:
History of adequate reserve strength (6.5 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.3). Excellent expense controls. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (9.6%), fire (0.9%), other (89.5%)
Licensed in:
(No states)
Principal Investments:
Common stock (69.9%), investment grade bonds (1.1%), cash (0.4%), other (28.6%)
Corporate Info
Group Affiliation
PBRA (Cayman) Co
Investment Rating
--
Company Address
B-7 Calle Tabonuco Street
Guaynabo, PR 00968
Guaynabo, PR 00968
Phone Number
(787) 339-2100
NAIC Number
37745
Largest Affiliates