#215 of 500 · Member & Benefit Funds

Lokahi Assurance Ltd

EIN 91-2171891 · CA · NTEE Y200 · Form 990, fiscal 2023

A nonprofit captive insurance company that is a supporting organization to Kaiser Foundation Health Plan, Inc. and its subsidiaries. Domiciled as a Hawaii captive insurer and administered from Oakland, California, it exists to finance professional and general liability, managed care liability, and catastrophic exposures such as pandemic, terrorism, cyber security, and earthquake risks for the Kaiser Permanente organization. It is a self-insurance vehicle rather than a public-facing charitable program.

Financials, fiscal 2023

Revenue

$758.2M

Expenses

$628.4M

Total assets

$3.35B

Net assets

$613.2M

Operating margin

17.1%

1-year growth

44.9%

5-year growth (CAGR)

9.5%

Reserve (years of spending)

11.7

Contributions share

n/a

Programme spending

73.1%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

20

NFP Health Score: 77 / 100

Financial 58 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history