{"id":34330,"date":"2026-07-10T18:56:00","date_gmt":"2026-07-10T16:56:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=ae7b82038207905582f923f7de16b357"},"modified":"2026-07-10T18:56:00","modified_gmt":"2026-07-10T16:56:00","slug":"bests-market-segment-report-am-best-maintains-stable-outlook-on-guatemalas-insurance-industry","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=34330","title":{"rendered":"Best\u2019s Market Segment Report: AM Best Maintains Stable Outlook on Guatemala\u2019s Insurance Industry"},"content":{"rendered":"<p>MEXICO CITY--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/insurance?src=hash\" >#insurance<\/a>--<b>AM Best<\/b> is maintaining its stable outlook on Guatemala\u2019s insurance industry, citing market expansion supported by economic growth and controlled inflation.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260710583918\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260710583918\/en\/828829\/22\/AM_Best_Logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260710583918\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260710583918\/en\/828829\/21\/AM_Best_Logo.jpg\" \/><\/a><p>The new <i>Best\u2019s Market Segment Report<\/i>, \u201cMarket Segment Outlook: Guatemala Insurance,\u201d states that Guatemala is forecast to see GDP growth moderate in 2026, though still supported by private consumption and remittance inflows. However, the outlook is subject to heightened uncertainty given potential impact of the Middle East conflict, continued global trade tensions and more-restrictive U.S. immigration policies, which could weigh on exports and slow the growth of remittance inflows. In addition, inflation is projected to rise but should remain below the Bank of Guatemala\u2019s target range of 3-5%. At the same time, the insurance market\u2019s positive premium growth has been consistent in the last five years, and technical results reflect refined pricing and prudent expense management.<\/p><p>\u201c<!-- no quote -->Guatemala\u2019s insurance industry in 2025 maintained premium sufficiency, showing stability in claims and acquisition costs, demonstrating the market\u2019s ability to navigate the different cycles in reinsurance,\u201d said Inger Rodriguez, financial analyst, AM Best. \u201c<!-- no quote -->The industry remains well protected through comprehensive reinsurance programs placed among reinsurers with high levels of security.\u201d<\/p><p>The report notes that AM Best expects the Guatemalan insurance market to continue growing within the 8-10% range in 2026, with risk-adjusted capitalization of rated entities standing at the strongest level.<\/p><p>Other takeaways from the report include:<\/p><ul class=\"bwlistdisc\"><li>The market remains highly competitive, with nearly 50% of gross premiums concentrated with the top three insurers.<\/li><li>Investment performance remains positive but limited by the conservative nature of the market portfolios, characterized by prudent asset-liability management and short tenor.<\/li><li>Rated insurance companies have made efforts to exceed enterprise risk management regulatory requirements, primarily through IFRS 17 and Solvency II. Although IFRS 17 implementation is not mandatory, insurers that belong to large financial groups domiciled in countries where the change has been made are adopting the standard.<\/li><li>Low catastrophe losses in recent years and increased interest from global reinsurers drive the continued soft-market conditions; however, the potential effects of El Ni\u00f1o on agricultural production and flood prone areas bears watching in the second half of 2026.<\/li><\/ul><p>To access the full copy of this market segment report, please visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww3.ambest.com%2Fbestweek%2Fpurchase.asp%3Frecord_code%3D366381&amp;esheet=54568350&amp;newsitemid=20260710583918&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww3.ambest.com%2Fbestweek%2Fpurchase.asp%3Frecord_code%3D366381&amp;index=1&amp;md5=8a6a81243224e73370fe428d27efad68\" rel=\"nofollow\" shape=\"rect\">http:\/\/www3.ambest.com\/bestweek\/purchase.asp?record_code=366381<\/a>.<\/p><p>To view current Best\u2019s Market Segment Outlooks, please visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambest.com%2Fratings%2FRatingOutlook.asp&amp;esheet=54568350&amp;newsitemid=20260710583918&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.ambest.com%2Fratings%2FRatingOutlook.asp&amp;index=2&amp;md5=87bb12766327edc0ee6e40c8a86b07b2\" rel=\"nofollow\" shape=\"rect\">http:\/\/www.ambest.com\/ratings\/RatingOutlook.asp<\/a>.<\/p><p><b>AM 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><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambest.com%2F&amp;esheet=54568350&amp;newsitemid=20260710583918&amp;lan=en-US&amp;anchor=www.ambest.com&amp;index=3&amp;md5=debc28c25a0592c51b453241e7746ef1\" rel=\"nofollow\" shape=\"rect\"><b>www.ambest.com<\/b><\/a><b>.<\/b><\/p><p class=\"bwalignc\"><b>Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\"><b>Inger Rodriguez, CPCU<\/b><br\/><b>Senior Financial Analyst<\/b><br\/><b>+52 55 1102 2720, ext. 108<\/b><br\/><a  href=\"mailto:inger.rodriguez@ambest.com\" rel=\"nofollow\" shape=\"rect\">inger.rodriguez@ambest.com<\/a><br\/><br\/><b>Christopher Sharkey<\/b><br\/><b>Associate Director, Public Relations<\/b><br\/><b>+1 908 882 2310<\/b><br\/><a  href=\"mailto:christopher.sharkey@ambest.com\" rel=\"nofollow\" shape=\"rect\">christopher.sharkey@ambest.com<\/a><br\/><br\/><b>Al Slavin<\/b><br\/><b>Senior Public Relations Specialist<\/b><br\/><b>+1 908 882 2318<\/b><br\/><a  href=\"mailto:al.slavin@ambest.com\" rel=\"nofollow\" shape=\"rect\">al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>MEXICO CITY&#8211;(BUSINESS WIRE)&#8211;#insurance&#8211;AM Best is maintaining its stable outlook on Guatemala\u2019s insurance industry, citing market expansion supported by economic growth and controlled inflation.The new Best\u2019s Market Segment Report, \u201cMarket Segment O&#8230;<\/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-34330","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\/34330","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=34330"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/34330\/revisions"}],"predecessor-version":[{"id":34331,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/34330\/revisions\/34331"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}