Hurricane Ernesto Containment: Impact on Puerto Rico Insurers and the Role of Reinsurance
Hurricane Ernesto Losses for Puerto Rico Insurers Contained Within Reinsurance Limits Recent assessments indicate that the financial losses from Hurricane Ernesto for Puerto Rico’s insurance companies have been kept within the limits of their reinsurance covers. This comes as somewhat reassuring news for the local market, which has seen steady growth in recent years. Impact […]