NasdaqGS:BPOPBanks
AM Best Rating Reaffirmation Supports Popular Valuation Case For Investors
AM Best affirmed the financial strength and issuer credit ratings of Popular Life Re, a subsidiary of Popular, Inc., with a stable outlook.
The decision reflects AM Best’s view of Popular Life Re’s capital position and risk management profile.
This ratings affirmation is relevant for investors tracking Popular’s insurance operations under ticker NasdaqGS:BPOP.
For Popular, which trades on NasdaqGS:BPOP, this ratings affirmation comes as the stock changes hands at $148.53. The company has...