Reinsurance News
Patria Re
Patria Re assigned FSR of B++ by AM Best
1st September 2023
Patria Re (US), Inc., a relatively new reinsurer in the United States, has been assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) by AM Best, with a stable outlook. The global ratings agency says that the ratings reflect Patria US’ balance sheet ... Read the full article
Patria Re strengthens property treaty underwriting team
17th July 2017
Ironshore International's Pembroke Managing Agency Limited has revealed the addition of property treaty underwriters to the Patria Re underwriting team. Patria Re is a global reinsurance entity focused on the Latin American markets, with Pembroke acting as the third-party managing agent for the Lloyd's of London approved Special Purpose Arrangement (SPA), which ... Read the full article
Patria Re hires Nick Benardout to manage Lloyd’s SPS operations
13th June 2017
Mexican reinsurer Patria Re, or Reaseguradora Patria, has appointed Nick Benardout to manage its special purpose syndicate (SPS) at Lloyd's and the firms London operations. Benardout joined Patria Re yesterday to run the firms PAT6125 special purpose syndicate at Lloyd's of London. He has been hired to run the London office ... Read the full article
Patria Re licenses full range of RMS models for LatAm and the Caribbean
28th April 2017
Global catastrophe risk analytics and modelling firm, RMS, has revealed that Latin American reinsurance entity, Reaseguradora Patria (Patria Re), has licensed the full range of RMS catastrophe models and analytics services for Latin America (LatAm) and the Caribbean. Parts of LatAm are extremely exposed to a variety of natural catastrophe events ... Read the full article
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