A.M. Best Affirms Credit Ratings of MAPFRE PRAICO Group Members

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of MAPFRE PRAICO Insurance Company and its affiliate, MAPFRE Pan American Insurance Company, collectively known as the MAPFRE PRAICO Group (MPG). The outlook of these Credit Ratings (ratings) is stable. All companies are domiciled in San Juan, Puerto Rico. The rating affirmations reflect MPG’s excellent risk-adjusted capitalization, solid operating