{"id":16692,"date":"2026-06-05T02:39:00","date_gmt":"2026-06-05T00:39:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b29dbd9e1005372390a2ca17d2c13608"},"modified":"2026-06-05T02:39:00","modified_gmt":"2026-06-05T00:39:00","slug":"am-best-upgrades-credit-ratings-of-seguros-el-roble-s-a","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=16692","title":{"rendered":"AM Best Upgrades Credit Ratings of Seguros El Roble, S.A."},"content":{"rendered":"

MEXICO CITY--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Seguros El Roble, S.A. (El Roble) (Guatemala). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.<\/p><\/a><\/a>

\nThe ratings reflect El Roble\u2019s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).<\/p>

\nThe upgrading of these ratings reflects El Roble`s consistent capital base expansion and its strongest levels of risk-adjusted capitalization, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), driven by profitability and protected by prudent risk management and a comprehensive reinsurance structure.<\/p>

\nEl Roble, which was established in 1972, is the largest insurer in Guatemala with a market share of 24.6%. Its portfolio is composed mainly of non-life products (78%), as of December 2025, with the remainder (22%) tailored for the life insurance market. El Roble is owned by Bicapital Corporation, a Panama-based private financial group that has financial services operations, including banking, insurance and asset management in Guatemala, Honduras, El Salvador, the Bahamas, Panama and the United States. El Roble ranks No. 1 in accidents, health, auto and life in Guatemala.<\/p>

\nAM Best assesses the company\u2019s business profile as neutral, based on El Roble\u2019s market leadership and its capacity to adjust the terms of its offerings by adapting to the different business cycles, while aiming at higher diversification in lines and distribution channels. In addition, El Roble\u2019s market-leading position has allowed it to outperform market growth rates continuously for the last 10 years while sustaining diversification in products and distribution channels.<\/p>

\nAM Best assesses El Roble\u2019s balance sheet strength as strongest, as the availability and quality of its capital are well-positioned for the company\u2019s risk profile. In 2025, risk-adjusted capitalization, as measured by BCAR, continued to strengthen as the company reported positive net results, while maintaining an appropriate risk profile. Historically, El Roble\u2019s reinsurance program and ERM capabilities have been effective in protecting its balance sheet.<\/p>

\nAM Best assesses El Roble\u2019s operating performance as strong due to its capacity to maintain constant growth in its net income backed by solid underwriting. Strategic adjustments have allowed El Roble to navigate different cycles of the market.<\/p>

\nThe outlooks revised to stable from positive reflect AM Best's expectations that El Roble will maintain the strongest level of risk-adjusted capitalization, as measured by BCAR; supported by profitable operating results, prudent risk management and further protected by a solid reinsurance structure.<\/p>

\nNegative rating actions could take place if the operating performance of El Roble renders negative results, either from deterioration in underwriting quality or market conditions.<\/p>

\nWhile positive rating actions are not likely to take place in the short-to-medium term, they could be driven by extraordinary underwriting results that compare favorably to the very strong operating performance.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best\u2019s Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nInger Rodriguez, CPCU<\/b>Senior Financial Analyst<\/b>+52 55 1102 2720, ext. 108<\/b>inger.rodriguez@ambest.com<\/a>\nAlfonso Novelo<\/b>Senior Director, Analytics<\/b>+52 55 1102 2720, ext. 107<\/b>alfonso.novelo@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

MEXICO CITY–(BUSINESS WIRE)–#insurance–AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Seguros El Roble, S.A. (El Roble) (Guat…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16692","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16692"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16692\/revisions"}],"predecessor-version":[{"id":16693,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16692\/revisions\/16693"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}