AM Best affirms Popular Life Re

AM Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb” of Popular Life Re (San Juan, Puerto Rico). The outlook for both ratings is stable.

Popular Life Re is a life reinsurance company that began operation in March 2004.

The company is a subsidiary of Popular Inc, a bank holding company based in San Juan, Puerto Rico.

Banco Popular de

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