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PALIG Reaffirms Its Long‑Term Commitment to Honduras After 82 Years of Trust and Leadership
Honduras
November 4, 2026
Estimated Reading Time: 4m
San Pedro Sula, Honduras ‑ Pan‑American Life Insurance Group (PALIG) reaffirms its long‑term commitment to Honduras, where it has maintained a presence for 82 years and built a legacy founded on trust, financial strength, and the financial protection of individuals, families, and businesses.
Against this backdrop, José S. Suquet, Chairman of the Board and CEO of PALIG, is visiting Honduras as the first stop on his strategic tour of Central America’s Northern Triangle, which also includes El Salvador and Guatemala. The visit reflects the region’s importance to the Group’s future vision and provides an opportunity to strengthen relationships with clients, brokers, employees, and business leaders.
With more than a century of international experience, PALIG remains focused on building long‑term relationships, continuously evolving its solutions, and pursuing a growth vision that responds to the needs of the markets it serves.
82 Years of Trust Translated into Leadership
Over more than eight decades, Pan‑American Life Honduras has strengthened its position in the insurance market by expanding its commercial capabilities, evolving its product portfolio, and maintaining its commitment to providing financial protection to Hondurans.
At the close of 2025, the company held a 40% market share in Individual Life and a 23% share in Health, according to data reported by the National Banking and Insurance Commission (CNBS). These results reflect its strong position in key market segments and the strength of a legacy that has served generations of Hondurans.
The combination of experience, market knowledge, and international strength enables PALIG to continue developing solutions tailored to its clients’ needs, while pursuing new growth opportunities and the long‑term sustainability of its operations.
“Honduras is a market of great importance to PALIG and a powerful example of the value of building lasting relationships based on trust. Our 82 years in the country represent a history of commitment to individuals, families, and businesses. We want to continue strengthening these relationships, evolving alongside our clients, and creating new opportunities for the future,” said José S. Suquet, Chairman of the Board and CEO of Pan‑American Life Insurance Group.
A Vision of Protection That Also Seeks to Make an Impact
For PALIG, protection means much more than providing insurance. It means contributing to the well‑being of communities, expanding opportunities for development, and promoting the knowledge people need to make more informed decisions about their financial futures.
In Honduras, this vision is brought to life through initiatives that complement the company’s insurance activities and seek to make a positive impact on society. Pan‑American Life Honduras has provided donations to schools and foundations focused on children’s education as part of its commitment to supporting the development of future generations.
The company has also brought health services to communities in rural areas, helping expand access to healthcare and supporting residents’ well‑being. These efforts are complemented by “Horizonte Financiero 2026: Seguro y Consciente” (“Financial Horizon 2026: Secure and Informed”), a financial education program designed to foster greater understanding of the importance of planning, prevention, and financial protection.
These initiatives reflect a comprehensive approach to protection, in which health, education, and financial literacy are all part of a broader commitment to people and communities.
Central America: A Key Region for PALIG’s Future
José S. Suquet’s tour of Honduras, El Salvador, and Guatemala underscores the strategic importance of the Northern Triangle to PALIG’s development plans. The tour provides an opportunity to strengthen relationships with key stakeholders in each market and reaffirm a shared vision for growth built on trust and long‑term commitment.
The CEO’s presence in Honduras, as the first stop on this regional agenda, also represents an opportunity to connect the Group’s global vision with Central America’s specific realities, needs, and opportunities, while reaffirming PALIG’s commitment to and investment in technology to deliver faster, simpler processes for its clients.
With 82 years of experience in Honduras and an established presence throughout the region, PALIG continues to look to the future with the goal of strengthening its leadership, expanding the reach of its solutions, and contributing to the well‑being of the people and communities it serves.
“Pan‑American Life Honduras combines a strong and established track record, significant leadership in key segments such as individual life insurance, small and medium‑sized businesses, personal accident insurance, and mass‑market insurance, consistent financial performance, and a clear growth strategy. These strengths position the company to continue expanding its market share, maintain healthy levels of profitability, and fulfill its purpose of providing Hondurans with peace of mind and financial protection,” said María del Rosario Álvarez, General Manager of Pan‑American Life Honduras.
Because the trust that has accompanied PALIG for decades does more than underpin its history: it is the driving force behind its commitment to Honduras and its vision for Central America’s future.
ABOUT PAN‑AMERICAN LIFE INSURANCE GROUP (PALIG)
Pan‑American Life Insurance Group (PALIG) is a leading provider of life, accident, and health insurance, serving more than 7.3 million customers across the United States, Latin America, and the Caribbean. Founded in 1911 and headquartered in New Orleans, Louisiana, PALIG operates through over 30 member companies and 2,200 employees with a presence in 22 countries. Backed by a Financial Strength Rating of A (Strong) from Fitch Ratings and A (Excellent) from AM Best, PALIG offers top‑rated individual and group insurance products, along with employee benefits designed to support lifelong well‑being. Guided by a purpose — to be there when people need us most — PALIG is committed to delivering both financial protection and benefits solutions. Learn more about how they are people you can trust for life at palig.com.