A.M. Best: P.R.’s insurance sector hit by debt crisis
August 11, 2015
Although most insurance carriers in Puerto Rico maintain sufficient capital to support lower bond ratings given their adequate capital positions and manageable exposures to the Puerto Rico municipal bond market, there will be circumstances where ...
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Investment analyst trade group inducts 2 P.R. members
August 7, 2015
The Chartered Alternative Investment Analyst Association inducted its first two members from Puerto Rico this week during an event led by the organization’s CEO, William Kelly.
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First BanCorp reports $34.1M loss in 2Q15
July 30, 2015
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Wednesday a net loss of $34.1 million for the second quarter of 2015, or $0.16 per diluted share, compared to net income of $25.6 ...
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