Centro de Documentacion de Fundación MAPFRE - Caribbean insurers well capitalized despite 2017 hurricane losses

Publication: New Jersey : A.M. Best Company, 2018Physical description: 11 p.Series: (Best's market segment report ; May 30, 2018)Notes: Sumario: This analysis reveals that during the 2017 hurricane season, Caribbean-based property and casualty insurers' dependence on the ability of their reinsurance counterparties was severely tested by the one-two punch of Hurricanes Irma and Maria. Although final loss numbers and corresponding reserves have not been completely developed, the reported numbers are best estimates based on current information and the time that has elapsed since the occurrence of these events. The balance sheets of affected insurers depended on contractual obligations made bya reinsurers and their ability to advance these funds in a timely fashionMateria / lugar / evento: Mercado de seguros Seguro de riesgos extraordinarios Catástrofes naturales Huracanes Impacto económico Empresas de seguros Empresas de reaseguros Ratios financieros Caribe América Latina Secondary series: Best's Briefing Other categories: 328.1