While insurers domiciled in Puerto Rico have maintained underwriting discipline and demonstrated favorable operating results and solid balance sheet strength, the competitive operating environment and economic challenges there will hinder their ability to grow over the near to medium term, according to a new A.M. Best briefing.
Ryan, a global tax services firm, announced that Kenneth D. Kotch, Principal and Captive Insurance Practice Leader, has accepted a Board nomination to become a charter member of the Puerto Rico Captive Insurance Association.
WASHINGTON — The prognosis for Puerto Rico’s health system is already critical and will only get worse if Congress doesn’t act fast, warned a panel of doctors and finance experts meeting on Capitol Hill this week.