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Grupo ASSA (ASSA Compañía de Seguros, S.A. and its subsidiaries) is a prominent Central American insurance group headquartered in Panama. It offers a comprehensive suite of insurance products, including life, health, auto, property, and casualty insurance, as well as surety bonds and financial services. With a strong presence in Panama, Costa Rica, Nicaragua, El Salvador, Guatemala, and Honduras, Grupo ASSA serves both individual and corporate clients, emphasizing financial strength, innovation, and customer-centric solutions. The company is recognized for its solid market position and regional expertise.
The headquarters serves as the central command for strategic planning, corporate governance, financial oversight, risk management, and coordination of operations across its Central American subsidiaries.
Edificio ASSA is a modern, prominent office building situated in Panama City's bustling financial district, reflecting the company's stability and leadership in the insurance sector.
The work culture at Grupo ASSA's headquarters is likely professional, dynamic, and collaborative, focusing on excellence, ethical conduct, and fostering talent to drive regional growth and customer satisfaction.
Its location in Panama City provides excellent connectivity and access to international financial markets, supporting its role as a leading insurer in the Central American region.
Grupo ASSA maintains a robust regional presence across Central America, with fully operational offices in Panama, Costa Rica, Nicaragua, El Salvador, Guatemala, and Honduras. Each country operation supports core functions including underwriting, claims processing, customer service, sales, marketing, and local regulatory compliance, tailored to meet the specific needs of each market while adhering to the group's overall strategic direction.
Avenida Balboa y Calle 41, Edificio ASSA
Panama City
Panamá
Panama
Address: Oficentro Ejecutivo La Sabana, Edificio 7, Piso 2, Sabana Sur, San José, Costa Rica
Serves as the primary operational hub for Costa Rica, adapting Grupo ASSA's regional strategies to local market conditions and client needs.
Address: Edificio ASSA, Alameda Dr. Manuel Enrique Araujo, Kilómetro 3.5, San Salvador, El Salvador
Strengthens Grupo ASSA's presence in the northern part of Central America, catering to the specific insurance demands of the Salvadoran market.
Address: Edificio ASSA, Pista Jean Paul Genie, Frente a Galerías Santo Domingo, Managua, Nicaragua
Ensures comprehensive insurance coverage and service delivery within Nicaragua, contributing to Grupo ASSA's regional footprint.
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As of April 2025, Grupo ASSA' leadership includes:
Grupo ASSA has been backed by several prominent investors over the years, including:
Specific executive new hires or exits for Grupo ASSA at the group level are not prominently featured in public news within the last 12 months. Major leadership transitions are typically communicated through official channels and regulatory filings. Country-specific leadership roles may see more frequent updates.
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Grupo ASSA likely uses standardized email formats for its corporate communications. Common formats include [first_initial][last] or [first].[last] followed by the company domain.
[first_initial][last]@assanet.com (e.g., jdoe@assanet.com) or [first].[last]@assanet.com (e.g., jane.doe@assanet.com). Country-specific domains like @assa.com.pa may also be used.
Format
rfrabrega@assanet.com
Example
80%
Success rate
Fitch Ratings • June 15, 2023
Fitch Ratings affirmed the Insurer Financial Strength (IFS) Rating of ASSA Compañía de Seguros, S.A. (ASSA) at 'BBB+' with a Stable Outlook. The affirmation reflects ASSA's strong business profile, good technical profitability, and robust capitalization....more
PR Newswire (referencing AM Best) • February 7, 2024
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of 'a' (Excellent) of ASSA Compañía de Seguros, S.A. (ASSA) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ASSA's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM)....more
BNamericas • October 5, 2023
Panamanian insurer ASSA Compañía de Seguros has agreed to acquire the individual life insurance portfolio of Seguros Sura in Panama. This strategic move aims to strengthen ASSA's market position in the life insurance segment within Panama....more
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