Pacífico Insurance Secures A- Rating with 22% Market Share in Peru
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
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Source: Newsfilter
- Rating Affirmation: AM Best has affirmed Pacífico Insurance's Financial Strength Rating of A- and Long-Term Issuer Credit Rating of 'a-', reflecting its strong balance sheet, adequate operating performance, and appropriate risk management practices.
- Market Position: As of October 2025, Pacífico holds a 22% market share, making it the second-largest insurer in Peru, which underscores its significant influence in the local insurance market.
- Profitability Improvement: The company reported profits of $219 million in 2024, driven by underwriting adjustments in its pension-related business lines, demonstrating its recovery capabilities and potential for continued profit growth post-pandemic.
- Capital Adequacy: Pacífico's risk-adjusted capitalization is assessed at the strongest level, indicating a robust capital base that has expanded in recent years, positioning the company for sustained operational performance going forward.
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Analyst Views on BAP
Wall Street analysts forecast BAP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAP is 287.00 USD with a low forecast of 264.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 358.180
Low
264.00
Averages
287.00
High
310.00
Current: 358.180
Low
264.00
Averages
287.00
High
310.00
About BAP
Credicorp Ltd is a Peru-based financial services holding company. The Company is organized into four lines of business: Universal Banking, Insurance and Pensions that mainly serve the overall Peruvian market, Microfinance and Investment Banking and Wealth Management that have a strong presence in Latin America. The Company has leveraged its franchises and has consolidated into a Group with more than 36,000 employees and operations mainly in six countries: Peru, Bolivia, Colombia, Chile, Panama and the United States.
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.
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