Maria losses remain within cedants' limits: AM Best
Rated Caribbean and Puerto Rico insurers' estimated
hurricane losses will not breach their net catastrophe reinsurance
limits, and therefore credit rating actions regarding the companies
are unlikely, AM Best has determined.In a previous report, titled "Hurricane Maria could test
financial strength of Caribbean/Puerto Rico insurers", AM Best
noted that it had raised concerns for the carriers as the region
faced its second major hurricane in a fortnight. The report was
released as Hurricane Maria
Read more »