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Ignacio Álvarez, CEO of Popular Inc., will retire on June 30, after leading the institution since 2017.
Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.
Though interest income from its loan portfolio fell by $8.3 million, Banco Popular de Puerto Rico said higher average volumes in the mortgage and auto segments helped offset the decline.
Though interest income from its loan portfolio fell by $8.3 million, Banco Popular de Puerto Rico said higher average volumes in the mortgage and auto segments helped offset the decline.
Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.
Though interest income from its loan portfolio fell by $8.3 million, Banco Popular de Puerto Rico said higher average volumes in the mortgage and auto segments helped offset the decline.