A.M. Best Upgrades Issuer Credit Rating of MAPFRE GLOBAL RISKS, Compañía Internacional de Seguros y Reaseguros S.A.

LONDON–(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 of A (Excellent) of MAPFRE GLOBAL RISKS, Compañía Internacional de Seguros y Reaseguros S.A. (MGR) (Spain). MGR is a subsidiary of MAPFRE S.A. (MAPFRE), the non-operating holding company of the MAPFRE group. The outlooks of these Credit Ratings (ratings) remain stable. The ratings reflect MGR’s balance sheet strength, which A.M. Best cate