A.M. Best Downgrades Credit Ratings of Triple-S Propiedad, Inc.; Places Credit Ratings of Triple-S Management Corporation and Other Subsidiaries Under Review With Negative Implications

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb-” from “a-” of Triple-S Propiedad, Inc. (Triple-S Propiedad) (Guaynabo, Puerto Rico). These Credit Ratings (ratings) remain under review with negative implications. Additionally, A.M. Best has placed under review with negative implications the FSR of B++ (Good) and the Long-Term ICR of “bbb+” of Triple-S Salud, Inc. and Triple-S Vida, Inc. Also, A.M. Best has placed under review with negative implications the FSR of B++ (Good) and the Long-Term ICR of “bbb” of Triple-S Blue, Inc., I.I. Furthermore, A.M. Best has placed under review with negative implications the Long-Term ICR of “bb+” of Triple-S Management Corporation [NYSE: GTS]. Unless otherwise specified, all companies are domiciled in San Juan, Puerto Rico.