First Insurance of Hawaii Gets ‘BBBpi’

A “BBBpi” financial strength rating was assigned to First Insurance Co. of Hawaii Ltd. by S&P. Based in Honolulu, the company markets insurance products, including auto, liability coverage, workers’ comp and homeowners, throughout the Hawaiian Islands for both the commercial and private sector. The company is equally owned by CNA Financial Corp. and Tokio Marine and Fire Insurance Co. (UK) Ltd.; however, the rating does not include additional credit for implied group support.

The “BBBpi” financial strength rating was also assigned to First Indemnity Insurance of Hawaii as well as First Fire and Casualty Insurance of Hawaii Inc., both of which are wholly owned by First Insurance Co. of Hawaii.