AM Best Latin America Authorized as a Rating Agency in Panama

World News: . []

AM Best is pleased to announce that its Mexico-based subsidiary AM Best América Latina, S.A. de C.V. has been authorized as a credit rating agency by the Stock Market Superintendency of Panama (SMV).

The SMV authorized AM Best’s subsidiary on Nov. 22, 2018, under Resolution No. SMV-54518 as a credit rating agency. The completion of this process reinforces AM Best’s Latin America presence and commitment to Panama’s market, with the leadership of Alfonso Novelo as senior director and manager of a world-class analytical ratings team based in Mexico City.

Carlos De la Torre, senior director of AM Best América Latina, commented: "We are honored to have been authorized as a rating agency in Panama. AM Best is the leading agency in the insurance market in Latin America, with a presence in Panama for more than 17 years, and with a view to continuing our development in such an important nation."

AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best's Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness. Visit http://www.ambest.com for more information.

Copyright © 2018 by A.M. Best Company, Inc. and/or its affiliates.
ALL RIGHTS RESERVED.

More news and information about AM Best

Published By:

Business Wire: 22:27 GMT Thursday 6th December 2018

Published: .

Search for other references to "best" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
 
Privacy Policy | Terms and Conditions | Contact Us