All posts in Insurance

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

From left: Jorge Padilla, senior vice president of Universal Group, Roberto Martínez, vice president of Triple S, and Fermín Contreras, director of Cooperativa de Seguros Multiples de Puerto Rico during one of the panel discussions.
Insurance industry weathers regulatory, tax changes
May 13, 2013, No Comments

Despite the challenges Puerto Rico’s insurance industry has faced related to new federal health regulations and local ...

Triple-S reported Net income was $17.2 million, or $0.61 per diluted share. (Credit: © Mauricio Pascual)
Triple-S reports $592M in 1Q13 revenue
May 2, 2013, No Comments

Triple-S Management Corporation, a managed care company in Puerto Rico, announced Wednesday consolidated revenues of $59 ...

Joaquín Castrillo-Garratón
MAPFRE Puerto Rico appoints president, execs
November 29, 2012, No Comments

Joaquín Castrillo-Garratón has been named president of MAPFRE Puerto Rico effective in January after being promoted fr ...

David Scanavino
New president, CFOs named at MCS
November 16, 2012, No Comments

Looking to reinforce its local leadership, Medical Cards System Inc. CEO Jim O’Drobinak announced the promotions of Da ...

Velox24.com President Antonio Ortiz-Martí explains how the online service works as Carlos Nieves and Marcos Alemán (seated) look on.
Velox24.com steers into Puerto Rico auto insurance market
October 4, 2012, No Comments

Effective today, Puerto Rico consumers will have a new online option when it comes to buying car insurance.

Pablo Almodóvar-Scalley
Almodóvar-Scalley takes over helm of Triple-S Salud
September 28, 2012, No Comments

With a focus on supporting preventive medicine programs and expediting the use of electronic medical records, insurance ...

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Carrión, Laffitte & Casellas sold to Hub International Ltd.
September 25, 2012, No Comments

Chicago-based Hub International Limited announced it has entered into a definitive agreement to acquire full service ins ...

Triple-S has its headquarters in Guaynabo. (Credit: © Mauricio Pascual)
Triple-S Management reports $17M income for 2Q ’12
August 2, 2012, No Comments

Triple-S Management Corporation, Puerto Rico’s largest managed care company announced Wednesday consolidated revenue o ...

Multinational Insurance Company's Hato Rey headquarters. (Credit: © Mauricio Pascual)
A.M. Best upgrades newcomer Multinational Life Insurance Co.’s credit ratings
June 20, 2012, No Comments

Eight months after entering the Puerto Rico market, Multinational Insurance Company has received a favorable review from ...

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A.M. Best lowers Cosvi’s credit rating as finances dip
May 19, 2012, No Comments

Cooperativa de Seguros de Vida de Puerto Rico is being closely watched by A.M. Best Co., which on Friday confirmed it ha ...