-

Best's Market Segment Report: AM Best Maintains Stable Outlook on Spain’s Non-Life Insurance Segment

AMSTERDAM--(BUSINESS WIRE)--AM Best has maintained its stable outlook on Spain’s non-life insurance segment.

In its new Best’s Market Segment Report, “Market Segment Outlook: Spain Non-Life Insurance”, AM Best notes that catastrophic risks gained prominence following the 2024 flash flooding in Valencia, which showcased the relevance of insurance coverage and the role of the government-mandated Consorcio de Compensación de Seguros (Consorcio) natural catastrophe scheme.

The report also notes that while AM Best expects the health insurance segment to grow in 2025, driven by premium rate increases as well as by growth in the number of insureds, motor insurance continues to be one of the most challenged segments with car registrations not yet recovered to pre-pandemic levels.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=354068.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising 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 www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Juan Villaescusa
Financial Analyst
+31 20 808 1162
juan.villaescusa@ambest.com

Jose Berenguer
Associate Director, Analytics
+31 20 808 2276
jose.berenguer@ambest.com

Eli Sanchez
Director, Analytics
+31 20 808 3190
eli.sanchez@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Industry:

AM Best

Release Versions
EnglishSpanish
Hashtags
#insurance

Contacts

Juan Villaescusa
Financial Analyst
+31 20 808 1162
juan.villaescusa@ambest.com

Jose Berenguer
Associate Director, Analytics
+31 20 808 2276
jose.berenguer@ambest.com

Eli Sanchez
Director, Analytics
+31 20 808 3190
eli.sanchez@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Social Media Profiles
AM Best Rating Services on LinkedIn
AM Best Ratings Twitter
AM Best Co.
AM Best on YouTube
More News From AM Best

AM Best Affirms Credit Ratings of Chubb Seguros Panama S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Rating of “aa+” (Superior) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Chubb Panama’s strategic importance as a subsidiary of Chubb Limited (Chubb), which on a consolidated basis has a balance sheet strength that AM Best assesses at the strongest level, as well as its...

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the grouped subsidiaries of Chubb Limited (Chubb) (Zurich, Switzerland) [NYSE: CB]. These include Chubb’s rated U.S., Canada, Bermuda, Europe and Panama-based insurance and reinsurance subsidiaries (collectively Chubb Group of Insurance Companies, or Chubb Group). Concurrently, AM Best has affirmed the Long-Term...

AM Best Affirms Credit Ratings of Barents Re Reinsurance Company, Inc. and Its Affiliate

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Barents Re Reinsurance Company, Inc. (Barents Re) (Cayman Islands) and its affiliate, Barents Reinsurance S.A. (Barents Re Lux) (Luxembourg). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Barents Re’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, ne...
Back to Newsroom