AM Best Assigns Credit Ratings to Auto Club MAPFRE Insurance Company

Written by Emily J. Thompson, Senior Investment Analyst

Source: Businesswire

Updated: Aug 02 2024

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Source: Businesswire

Credit Ratings Assigned: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Auto Club MAPFRE Insurance Company, reflecting its very strong balance sheet strength and adequate operating performance.
Company Profile and Management: ACMIC's limited business profile is due to its geographic and product concentration as a personal lines writer in Washington state and Idaho; however, it benefits from the support and experienced management of its affiliates within the MAPFRE U.S.A. Group.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

AM Best Assigns Credit Ratings to Auto Club MAPFRE Insurance Company

About the author

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