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

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

In its new Best’s Market Segment Report, “Market Segment Outlook: Spain Life Insurance”, AM Best highlights that market participants have successfully shifted product focus to the changing interest rate environment and expects technical provisions to remain at solid levels in 2025, reflecting the trend observed last year.

AM Best expects demand for traditional insurance products to remain robust in light of the healthy, though declining, interest rate environment, and states that companies should be able to continue offering attractive products while maintaining profit margins. However, AM Best will continue to monitor the interest rate path and its effects on guaranteed rate products, as well as its effects on product offerings.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=354087.

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.

Contacts

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

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

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

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

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

Industry:

AM Best

Release Versions

English Spanish

Hashtags

#insurance

Contacts

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 Revises Outlooks to Stable for Members of Auto Club Group; Affirms Credit Ratings of Auto Club Florida Group’s Members

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Auto Club Insurance Association (Dearborn, MI) and its wholly owned subsidiaries and affiliates, which are collectively referred to as Auto Club Group (ACG). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of...

AM Best Assigns Credit Ratings to American Steamship Owners Mutual Protection and Indemnity Association, Inc.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to American Steamship Owners Mutual Protection and Indemnity Association, Inc. (American Club) (New York, NY). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect American Club’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and ap...

AM Best Affirms Credit Ratings of The Progressive Corporation 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 members of The Progressive Corporation (Progressive) (Mayfield Village, OH) [NYSE: PGR]. Additionally, AM Best has affirmed the Long-Term ICR of “a” (Excellent) of Progressive, the parent holding company, and all of the Long-Term Issue Credit Ratings (Long-Term IR) of Progressive’s senior unsecured issuances....

Back to Newsroom