A.M. Best confirms ‘ongoing concerns’ over COSVI’s capital strength
July 30, 2018
A.M. Best has kept its negative outlook about Cooperativa de Seguros de Vida de Puerto Rico’s staying power and efficiency, by upholding its Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating ...
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U.S. Treasury to grant credit to P.R. employers affected by hurricanes
February 15, 2018
Puerto Rico Gov. Ricardo Rosselló, announced an agreement in principle with the United States Department of Treasury which will allow employers that were not able to operate their businesses — after Hurricanes Irma and María ...
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Moody’s: Recovery prospects for PREPA bondholders down to 35% after storms
December 15, 2017
Puerto Rico Electric Power Authority bondholders can expect to recover about 35 percent of their investments due to the business disruption and costs, as well as lost revenues related to damage caused by Hurricanes Irma ...
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