All posts in Insurance

Puerto Rico’s vibrant and internationally recognized insurance systems continuously strive for stability and growth.

Assured Guaranty sues gov’t over PRHTA bonds
June 5, 2017, No Comments

Assured Guaranty Ltd. Filed an adversary complaint challenging the Commonwealth of Puerto Rico’s “illegal diversion ...

P.R. Int’l Insurance Center shielded from restructuring
May 12, 2017, No Comments

The Puerto Rico International Insurers Association (PRIIA) issued a statement Thursday saying it operates under laws and ...

Triple-S Management Corp. reports net loss in 1Q17
May 10, 2017, No Comments

Triple-S Management Corporation, a managed care company in Puerto Rico, announced Tuesday quarterly consolidated revenue ...

Insurance sector creates $185M, 30K jobs for economy
March 3, 2017, No Comments

Puerto Rico’s insurance industry represents $185 million in economic contributions to the government’s coffers and g ...

CMS pitch may usher 1.6% Medicare fund growth for PR
February 27, 2017, No Comments

The Advance Notice and Draft Call Letter recently issued by the Centers for Medicare and Medicaid Services includes prop ...

Assured Guaranty pays $42M to insured PR bondholders
January 5, 2017, No Comments

Two bond insurance subsidiaries of Assured Guaranty Ltd., together with its subsidiaries, Assured Guaranty, have made in ...

Triple-S Management Corp. loses $1.9M in 3Q16
November 4, 2016, No Comments

Puerto Rican managed care company Triple-S Management Corporation announced Thursday consolidated revenues of $744.7 mil ...

A.M. Best affirms B++ rating for Multinational Life
September 20, 2016, No Comments

Multinational Life Insurance Company announced Monday that A.M. Best, the international rating firm for the insurance in ...

Assured has paid $205M in bond insurance claims
July 8, 2016, No Comments

Two bond insurance subsidiaries of Assured Guaranty Ltd. have made some $205 million in debt service payments to holders ...

New home insurer offers 20% refund for clean slate
June 8, 2016, No Comments

Following the success achieved with auto accident insurance firm Point Guard, the founding trio of entrepreneurs are now ...