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AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Mercantil Seguros y Reaseguros, S.A.
MEXICO CITY, November 09, 2023--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Mercantil Seguros y Reaseguros, S.A. (Mercantil Seguros) (domiciled in Panama). The outlook assigned to these Credit Ratings (ratings) is negative.