MEXICO CITY–(BUSINESS WIRE)–A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama). The outlook of these Credit Ratings (ratings) remains stable. The upgrade of the Long-Term ICR reflects Chubb Panama’s continued strong risk-adjusted capitalization, its diversified business profile, a solid reinsurance program placed with Chubb Tempest Rein