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Mapfre Panama

Mapfre Panama S.A.

80Score

★★★☆☆3.8

Customer satisfaction · 300K members

Co-Market Leader in Private Health(2026)

Mapfre Panama is part of the global Mapfre group and one of the two largest private health insurers in Panama. It acquired Aseguradora Mundial de Panama and the Mutual of Omaha client portfolio, bringing international standards and wide hospital network coverage.

Overall Score

80/100

Founded

1995

Headquarters

Panama City

Type

private

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Key Metrics

Parent Group

Mapfre S.A. (Spain)

Financial Rating

S&P: A (parent)

Acquisitions

Aseguradora Mundial, Mutual of Omaha clients

Hospital Network

Wide

Editorial Ratings

Co-Market Leader in Private Health(2026)

Rating: Co-market leader with Family Medical — Mapfre global backing (max: #1)

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Coverage Highlights

✓Part of global Mapfre group from Spain
✓Acquired Mutual of Omaha's Panama clients
✓International standards and processes
✓Wide hospital network coverage
✓Multi-line insurance offerings

Pros

✓Global Mapfre backing (S&P: A)
✓Acquired established client base
✓Internationally rated financial strength
✓Wide hospital network

Cons

✗Premium pricing
✗Primarily Spanish-language service
✗International operations may add complexity

Frequently Asked Questions

Did Mapfre acquire Mutual of Omaha's Panama clients?

Yes. Mapfre Panama acquired Aseguradora Mundial de Panama and the Mutual of Omaha client portfolio, establishing a strong existing client base.

Is Mapfre Panama internationally rated?

Mapfre's parent company (Mapfre S.A. of Spain) holds an S&P credit rating of A, providing strong financial credibility.

Is Mapfre one of the largest health insurers in Panama?

Yes. Mapfre is considered co-market leader with Family Medical in Panama's private health insurance market.

Quick Summary

InsurerMapfre Panama

Country🇵🇦 Panama

Overall Score80/100

Satisfaction3.8/5

Members300K

Typeprivate

Founded1995

Other Insurers in Panama

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Family Medical

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Pan-American Life Insurance (PALIG)

private

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CSS (Caja de Seguro Social)

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Seguros SURA Panama

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