World Insurance Report
Company profile: Patria Re
Mexican reinsurer Reaseguradora Patria’s gross premium income rose by 4% in 1999 to MP435mn (US$45mn) while net premiums written
also rose by 4% to MP318mn, resulting in an unchanged retention rate of 73%. Established in 1953, Patria Re operates in the
Caribbean, Central and South American insurance markets.