{"id":61737,"date":"2026-07-27T20:33:09","date_gmt":"2026-07-27T20:33:09","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/61737\/"},"modified":"2026-07-27T20:33:09","modified_gmt":"2026-07-27T20:33:09","slug":"am-best-comments-on-credit-ratings-of-mapfre-s-a-s-rated-operating-subsidiaries-following-announced-acquisition-of-safety-insurance-group-inc","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/61737\/","title":{"rendered":"AM Best Comments on Credit Ratings of MAPFRE S.A.\u2019s Rated Operating Subsidiaries Following Announced Acquisition of Safety Insurance Group, Inc."},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">AMSTERDAM, July 27, 2026&#8211;(<a href=\"https:\/\/www.businesswire.com\" data-ylk=\"slk:BUSINESS%20WIRE;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;BUSINESS WIRE&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">BUSINESS WIRE<\/a>)&#8211;AM Best has commented that the Credit Ratings (ratings) of MAPFRE S.A.&#8217;s (MAPFRE) rated operating subsidiaries remain unchanged following the announcement that MAPFRE U.S.A. Corporation (MAPFRE USA) has entered a definitive agreement to acquire Safety Insurance Group, Inc. (Safety), a property\/casualty insurer with a leading market position in Massachusetts and a presence in several states in the Northeast United States.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">MAPFRE&#8217;s rated operating subsidiaries have a Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of &#8220;a+&#8221; (Excellent). The outlook of these ratings is stable. The ratings reflect MAPFRE&#8217;s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The transaction is strategically compelling as both companies share a similar footprint and product offering. Furthermore, it will enable MAPFRE to further consolidate its strong position in Massachusetts and expand into New England.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">MAPFRE is a multinational group, with excellent product and geographic diversification, strong franchise and long-standing client relationships. MAPFRE provides insurance, reinsurance, assistance and global risks products worldwide. MAPFRE USA holds a leading position in Massachusetts and provides personal automobile, commercial automobile, and homeowners insurance.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This press release relates to Credit Ratings that have been published on AM Best&#8217;s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best&#8217;s <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fratings.ambest.com%2Fratingeventdisclosures.aspx&amp;esheet=54577956&amp;newsitemid=20260727336402&amp;lan=en-US&amp;anchor=Recent+Rating+Activity&amp;index=1&amp;md5=41575e2fcba33bfb5f13212e8b778da5\" data-ylk=\"slk:Recent%20Rating%20Activity;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Recent Rating Activity&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww3.ambest.com%2Fambv%2Fratingmethodology%2FOpenPDF.aspx%3Fri%3D1901&amp;esheet=54577956&amp;newsitemid=20260727336402&amp;lan=en-US&amp;anchor=Guide+to+Best%27s+Credit+Ratings&amp;index=2&amp;md5=51c28508053451a8dab7fc5c7d04f4a0\" data-ylk=\"slk:Guide%20to%20Best&#039;s%20Credit%20Ratings;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Guide to Best&#039;s Credit Ratings&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Guide to Best&#8217;s Credit Ratings<\/a>. For information on the proper use of Best&#8217;s Credit Ratings, Best&#8217;s Performance Assessments, Best&#8217;s Preliminary Credit Assessments and AM Best press releases, please view <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ambest.com%2Fratings%2Fguidetouse.pdf&amp;esheet=54577956&amp;newsitemid=20260727336402&amp;lan=en-US&amp;anchor=Guide+to+Proper+Use+of+Best%27s+Ratings+%26+Assessments&amp;index=3&amp;md5=59d5f2f62c1f29354c97e89283e66427\" data-ylk=\"slk:Guide%20to%20Proper%20Use%20of%20Best&#039;s%20Ratings%20%26%20Assessments;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Guide to Proper Use of Best&#039;s Ratings &amp; Assessments&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Guide to Proper Use of Best&#8217;s Ratings &amp; Assessments<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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 <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambest.com%2F&amp;esheet=54577956&amp;newsitemid=20260727336402&amp;lan=en-US&amp;anchor=www.ambest.com&amp;index=4&amp;md5=dc1319702d3671a0ab0fe1c099f06fe6\" data-ylk=\"slk:www.ambest.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;www.ambest.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">www.ambest.com<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-center neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.  <\/p>\n","protected":false},"excerpt":{"rendered":"AMSTERDAM, July 27, 2026&#8211;(BUSINESS WIRE)&#8211;AM Best has commented that the Credit Ratings (ratings) of MAPFRE S.A.&#8217;s (MAPFRE) rated&hellip;\n","protected":false},"author":2,"featured_media":61738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[24771,9776,167,24772,24357],"class_list":["post-61737","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mapfre","tag-credit-ratings","tag-inc","tag-mapfre","tag-operating-subsidiaries","tag-safety-insurance-group"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/61737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=61737"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/61737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/61738"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=61737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=61737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=61737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}