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Mexico’s insurance industry is still assessing the aftermath of two earthquakes in September. AM Best’s Alfonso Novelo, senior director-analytics, and Elí Sanchez, senior financial analyst, addressed questions on the potential impact on insurers for FIDES Today. 14 November 2017
News
AM Best has revised its outlook of Reaseguradora Patria’s (Patria Re) financial strength ratings to positive from stable and affirmed its financial strength rating of A- (Excellent). Patria Re is a Mexico domiciled reinsurer that operates primarily within the Mexican and Latin American markets. 31 July 2013
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
Alternative Risk Transfer
The series of earthquakes that took place in Mexico in September and their impact on the Fonden catastrophe (cat) bond may sour the appetite of insurance-linked securities (ILS) investors going forward. 15 November 2017
Insurance
Claims head to further operations, philosophy and technology. 13 October 2025
Insurance
While the judgment brings greater clarity, uncertainty remains around the volume and severity of valid claims. 17 September 2020
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition. 21 February 2018
Alternative Risk Transfer
Investors and cedants navigate easing rates as ILS market reaches historic highs. 25 September 2025
Reinsurance
African leader brings continental expertise to dual role. 16 September 2025
Reinsurance
Three major rating agencies now recognise its robust underwriting and sharpened financial focus. 3 October 2025
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