A.M. Best Comments on Under Review Status of Cooperativa de Seguros de Vida de Puerto Rico Amid Uncertainty Over Puerto Rico Bond Price Volatility

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has commented that the under review with negative implications status, the Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” of Cooperativa de Seguros de Vida de Puerto Rico (COSVI) (San Juan, Puerto Rico) remain unchanged. This comment reflects A.M. Best’s ongoing concerns over the future of COSVI’s capital strength and operating efficiency. COSVI’s Credit Ratings (ratings) were placed under review with negative