{"id":17031,"date":"2026-06-05T18:36:00","date_gmt":"2026-06-05T16:36:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=fc4557033e6140f7a6804e6c6e036cd9"},"modified":"2026-06-05T18:36:00","modified_gmt":"2026-06-05T16:36:00","slug":"am-best-revises-outlooks-to-positive-and-affirms-credit-ratings-of-aseguradora-general-s-a","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=17031","title":{"rendered":"AM Best Revises Outlooks to Positive and Affirms Credit Ratings of Aseguradora General, S.A."},"content":{"rendered":"

MEXICO CITY--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb+\u201d (Good) of Aseguradora General, S.A. (AGen) (Guatemala).<\/p><\/a><\/a>

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

\nThe positive outlooks reflect AM Best\u2019s expectation that AGen will continue the positive trend in bottom-line results, reflective of underwriting adjustments, while maintaining supportive balance sheet strength.<\/p>

\nAGen was established in 1967 and is the sixth-largest insurer operating in Guatemala. As of year-end 2025, the company reported USD 105 million in direct premium, with a market share of 7.3%. The company underwrites a mixed portfolio of life and non-life business, with its retained premium distributed among major medical expenses, auto, life and a mix of property\/casualty (P\/C). AM Best assesses AGen\u2019s business profile as neutral, supported by its importance within its domestic market, but limited by its geographic and product concentration.<\/p>

\nAGen\u2019s majority shareholder is a pure holding company privately held by investors that bought a 51% stake of the company in May 2017 from Assicurazioni Generali S.p.A.<\/p>

\nAM Best assesses AGen\u2019s balance sheet strength as strongest. The company\u2019s well-structured reinsurance program supports its capital base by properly limiting its exposure to catastrophe events. AM Best assesses AGen\u2019s ERM as appropriate as its management capabilities are sufficient to meet its risk appetite.<\/p>

\nAM Best assesses AGen\u2019s operating performance as marginal, The result posted for 2025 reflects the company\u2019s improved underwriting in particular lines, while challenges persist in its competitive insurance segments and in expense management. AM Best also recognizes the positive development of AGen\u2019s P\/C lines of business. Net income has remained positive for the past five years; and 2025 results improved in comparison with 2024, to USD 9.5 million from USD 7.5 million.<\/p>

\nPositive rating actions could take place if AGen\u2019s operating performance maintains a consistently positive trend underpinned by underwriting quality improvements and premium sufficiency. Negative rating actions could take place if operating performance deteriorates and losses erode the company\u2019s capital base to a point where its risk-adjusted capitalization is no longer supportive of the ratings.<\/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.<\/b><\/p>

\nFor 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 revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb+\u201d (Good) of Aseguradora General, S.A. (AGen) (Gua…<\/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-17031","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\/17031","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=17031"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/17031\/revisions"}],"predecessor-version":[{"id":17032,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/17031\/revisions\/17032"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}