{"id":49180,"date":"2026-07-31T21:53:00","date_gmt":"2026-07-31T19:53:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c704e3cd844d9fe1600f7115b944c80d"},"modified":"2026-07-31T21:53:00","modified_gmt":"2026-07-31T19:53:00","slug":"am-best-affirms-credit-ratings-of-reunion-re-compania-de-reaseguros-s-a","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=49180","title":{"rendered":"AM Best Affirms Credit Ratings of Reunion Re Compa\u00f1ia de Reaseguros S.A."},"content":{"rendered":"

MEXICO CITY--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Reunion Re Compa\u00f1ia de Reaseguros S.A. (Reunion Re) (Argentina). The outlook of these Credit Ratings (ratings) is negative.<\/p><\/a><\/a>

\nThe ratings reflect Reunion Re\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.<\/p>

\nThe negative outlooks reflect the pressure applied to Reunion Re\u2019s balance sheet strength caused by the influence of the rating unit\u2019s holding company coupled with the macroeconomic challenges in Argentina. As of March 2026, Reunion Re\u2019s ultimate parent continues to experience pressure on its balance sheet strength mainly due to the negative impact stemming from the country\u2019s currency devaluation resulting in a weak balance sheet strength assessment.<\/p>

\nReunion Re\u2019s balance sheet strength remains underpinned by its risk-adjusted capitalization being at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). The ratings also reflect the company\u2019s consistent profitability in its technical results despite a volatile economic environment. Other positive rating factors include the company\u2019s well-structured and diversified reinsurance program, its seasoned management team and synergies provided by its main shareholder. Partially offsetting these positive rating factors is the historical volatility in Reunion Re\u2019s bottom-line results due to operating in Argentina\u2019s challenging macroeconomic environment and fluctuations in its retrocession leverage stemming from reinsurance recoverables and ceded premium. Reunion Re initiated operations in Buenos Aires, Argentina in 2012. The company operates through a network of brokers and direct distribution channels mainly in Argentina but also has a presence in South and Central America.<\/p>

\nHistorically, Reunion Re has increased capital supported by positive bottom-line results; this is driven by a consistent inflow of underwriting and investment income, which reflects the management team\u2019s market knowledge and well-rounded experience in Argentina. A well-balanced reinsurance program placed among counterparties with a strong credit quality level also reinforces the company\u2019s risk-adjusted capitalization and diminishes its credit risk exposure. In AM Best\u2019s view, current capital levels are pressured by the credit quality of Reunion Re\u2019s investment portfolio given the prevailing macroeconomic uncertainty and exchange rate fluctuation exposure.<\/p>

\nAM Best believes the reinsurer has shown disciplined underwriting in a highly volatile market, which is driven by inflation and foreign exchange rate pressures. Historically, Reunion Re has managed to maintain overall profitability despite the negative effects derived from non-recurring adjustments in premium reporting, capital controls and public debt restructuring. By year-end 2025, the company reported negative bottom-line results, mainly driven by losses caused by a currency devaluation of the Argentinian Peso that affected the overall insurance industry. On the other hand, Reunion Re showed positive technical and bottom-line results as of March 2026, showing sufficient technical profit to withstand the negative results from its investment income. AM Best expects an improvement in Reunion Re\u2019s operating performance as the company takes cautious practices to hedge against the currency devaluation in Argentina to reach Reunion Re\u2019s forecast.<\/p>

\nFactors that could lead to negative rating actions include a deterioration of Reunion Re\u2019s risk-adjusted capitalization to levels no longer supportive of its ratings, in light of current macroeconomic risks that could pressure AM Best\u2019s view of Reunion Re\u2019s balance sheet strength. Additionally, negative rating actions could take place if the holding company\u2019s financial condition continues to deteriorate causing negative influence and pressure on the rating unit. While highly unlikely, positive rating actions could occur if the capital base expands to levels supportive of the strongest balance sheet strength assessment.<\/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>

\nRicardo Rodr\u00edguez, CPCU<\/b>Senior Financial Analyst<\/b>+52 55 1102 2720, ext. 139<\/b>ricardo.rodriguez@ambest.com<\/a><\/p>

\nAlfonso Novelo<\/b>Senior Director, Analytics<\/b>+52 55 1102 2720, ext. 107<\/b>alfonso.novelo@ambest.com<\/a><\/p>

\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

\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 affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Reunion Re Compa\u00f1ia de Reaseguros S.A. (Reunion Re) (Argentina). The outlook of these C…<\/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-49180","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\/49180","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=49180"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/49180\/revisions"}],"predecessor-version":[{"id":49181,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/49180\/revisions\/49181"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}