Latest Mapfreusa Headlines
All the headlines from our Mapfreusa Topic Page, ordered by recency.
Best Affirms MAPFRE RE ‘A+’ Ratings; Outlook Remains Negative
Jul 22 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A....
Survey Shows Europe’s Top 10 P&C Insurers Grew Premiums by 5.2% in 2010
Jul 1 2011 // Spain’s MAPFRE has published its 7th annual survey of Europe’s non-life insurers, ranking them by gross premiums written. The survey found that “all the companies achieved an increase in premium revenues...
Ratings Recap: IGIUK, MAPFRE Re (Panama), Arab Misr, Gulf, Caribbean Alliance
Jun 23 2011 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to International General Insurance Company (UK) Limited...
MAPFRE RE Opens Paris Branch Office
Jun 10 2011 // MAPFRE RE has opened a branch office in Paris, which, it said would “promote the development of LHA reinsurance (Life, Health and Accidents). The new branch joins offices previously opened in Athens, Brussels,...
Spain’s MAPFRE, Japan’s Mitsui Sumitomo Reinforce Collaboration Pact
May 26 2011 // MAPFRE, a major non-life insurance group in Spain and Latin America, and MITSUI SUMITOMO INSURANCE (MSI), Japan’s principal non-Life insurance group in Asia, announced that they have “extended their framework...
Mapfre Global Risks Is Lead Insurer for Spanish Satellite
Jan 4 2011 // MAPFRE GLOBAL RISKS is the leading insurer for the Spanish satellite of the communications operator HISPASAT, H1E, which was launched on the 29th of December from the Kourou base in French Guiana. MAPFRE GLOBAL RISKS said...
Best Affirms MAPFRE RE’s A+ Ratings; Outlook Negative
Aug 17 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A., but bothratings have negative...
Ratings Roundup: Allianz (Italy), MAPFRE PRAICO, Maiden
Jun 18 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the...
Protective, MAPFRE Sign Agreement for Non-U.S. Vehicle Service
Feb 24 2010 // The Asset Protection Division of Protective Life Insurance Company, a wholly-owned subsidiary of Protective Life Corporation, has signed an agreement with MAPFRE ASISTENCIA, a subsidiary of MAPFRE, S.A. for vehicle...
Ratings Roundup: MAPFRE Florida, Selective (stock/debt)
Oct 23 2009 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of MAPFRE...
Ratings Roundup: Elwood, CIBC Re, Mapfre Praico, RenRe
Jun 10 2009 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of “B++’ (Good) and issuer credit rating of “bbb” of Bermuda-based Elwood Insurance Limited....
Ratings: MAPFRE RE, Novae, Syndicate 2007, Infrassure, Glacier Re, CLICO
Aug 22 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A. with a stable...
Ratings Recap: Tugu, Pacific Indemnity, Torus, SIAT, Farmers Mutual (NZ), MAPFRE (Puerto Rico)
Jun 24 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of Hong Kong’s Tugu Insurance Company Limited with stable outlooks. Best said: The...
Ratings: Argonaut, MAPFRE (Fla.), Pekin, Penn National, AXA Art, Tennessee Farmers, ALPS, BancInsure
Jun 23 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Texas-based Argonaut Insurance Group and its members. Best also...
Spain’s MAPFRE Completes Acquisition of U.S. Insurer Commerce
Jun 5 2008 // In a joint announcement Spain’s largest insurer, MAPFRE S.A. and The Massachusetts-based Commerce Group, Inc. announced that MAPFRE has completed its acquisition of Commerce. The parties reached agreement on a deal...
Ratings Recap: Travelers, Mapfre (NJ & FL), AXA Art, Progressive (debt)
Jun 19 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed...
Recent Ratings Recaps: MAPFRE; NZ Civic Assurance
May 29 2007 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and has assigned an issuer credit rating (ICR) of “a” to MAPFRE PRAICO Group of Puerto Rico. Best also affirmed the FSR of...
Best Affirms MAPFRE RE’s ‘A+’ Ratings
Aug 4 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A. “The outlook on both...
Spain’s MAPFRE to Change Corporate Structure, Expand; S&P Comments
Jun 1 2006 // Spain’s largest domestic insurance group, Sistema Mapfre, announced a major structural reorganization, which will eventually result in all of the Group’s activities being concentrated in its publicly traded...
Best Assigns ‘A’ Ratings to Mapfre Praico Group
May 25 2004 // A.M. Best Co. announced that it has assigned stand-alone financial strength ratings of “A” (Excellent) to MAPFRE PRAICO Insurance Company (MAPFRE PRAICO) and MAPFRE Pan American Insurance Company (MAPFRE...
