Puerto Rico-domiciled insurers should be able to navigate losses driven by the storm surge, power outages and flooding that Hurricane Ernesto has unleashed there, with the island’s eastern and central regions being the most impacted, according to a new AM Best commentary.

Insuralex is pleased to present this executive report updated to the year 2024 on some of the most important topics of how insurance markets in Latin America are regulated and unregulated in each jurisdiction of the region. Issues of whether parametric insurance is permitted and whether there are any restrictions on insurance companies or policyholders will be addressed.