Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017
Lloyd’s leads Puerto Rico non-life reinsurance market
- 26 September 2017
Lloyd's syndicates have emerged as the largest writer of non-life reinsurance in Puerto Rico, analysis from The Insurance Insider has shown.
Hurricane Maria devastated the Caribbean islands from Dominica to Puerto Rico, with the latter absorbing the vast majority of the resulting economic and insured damage.
Analysis of Schedule F filings of the top 10 primary non-life insurance underwriters in the territory revealed a relatively concentrated reinsurance market, with the top five non-affiliated reinsurers assuming around half of the sample...
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