Hurricane Beryl Triggers Record Payout for Caribbean Insurer July 11, 2024 By Jim Wyss Hurricane Beryl’s path of destruction through the Caribbean last week triggered a record $44 million payout to the nation of...
Caribbean Braces for Economic Punch After Season’s Deadly 1st Hurricane July 10, 2024 By Sarah Morland Leaders across the Caribbean were still tallying the financial toll wrought by the earliest Atlantic storm on record to intensify...
Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean June 6, 2024 Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its...
Markets/Coverages: Lockton Caribbean & Central America Launches Food, Agriculture & Beverage Broking Practice May 23, 2024 Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture &...
Lockton Launches Entertainment & Sports Practice for Caribbean, Central America October 10, 2022 Lockton Caribbean & Central America (CCA) announced the launch of the insurance broking industry’s first Entertainment & Sports practice focusing...
MGA Rokstone Launches Parametric Insurance Product for Caribbean June 21, 2022 Aura Underwriting, part of Rokstone, the Aventum Group’s global specialty re/insurance MGA, has announced the launch of Aura Parametric, a...
AIR Worldwide Releases Updated Caribbean Cyclone and Earthquake Models July 30, 2020 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Tropical Cyclone and Earthquake Models for the...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd. January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance...
Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business September 19, 2019 Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets....
Caribbean Insurers’ Net Income Rebounds After 2016-2017 Hurricane Seasons: AM Best June 19, 2019 An analysis of AM Best-rated property/casualty insurers based in the Caribbean found that overall net income rebounded significantly following the...