Mapfre Re financial strength rating affirmed
AM Best Europe has affirmed the FSR of A+ (superior) and issuer credit rating of “aa-” of Mapfre Re, Compania de Reaseguros, SA. The outlook for both ratings remains negative.
The ratings reflect Mapfre Re's integral role within Mapfre SA, its strong although declining stand-alone risk-adjusted capitalisation, resilient underwriting performance and its strong competitive
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