Reinsurance available in Puerto Rico on the rise
Regarding the certified reinsurers- who in order to qualify and obtain this certification must have a capital of $250 million-, Adams Vega pointed out that there are 23 on the island, which are in addition to the 46 authorized. Likewise, the Office of the Insurance Commissioner has identified 22 reciprocal reinsurers for a total of 91 reinsurers currently…
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