ACTIVE RE PARTICIPATED IN MIAMI REINSURANCE WEEK, STRENGTHENING ITS PRESENCE IN THE REGION

by | Feb 19, 2025

PRESS RELEASE


Miami, FL, February 2025 - Active Capital Reinsurance, LTD. (Active Re) took part in Miami Reinsurance Week, held from February 10 to 14, an event that brought together approximately 2,500 industry professionals. Throughout the week, key spaces for networking and the exchange of strategic ideas in the reinsurance sector were fostered, along with side events that strengthened business relationships. Active Re was once again at the forefront, hosting its renowned business lunch for the third consecutive year at the East Miami Hotel on February 11, with over 180 attendees.

In 2024, Active Re celebrated its 17th anniversary with outstanding results in its key performance indicators and the affirmation of its “A” (Excellent) financial strength rating and its long-term issuer credit ratings, with a stable outlook, from AM Best. With a multicultural team of 85 professionals located in 18 cities across 12 countries, Active Re reinforces its ability to adapt to local markets without compromising its high international standards, conducting business in 137 markets with 653 cedants, supported by 170 brokers and 7 Managing General Agencies (MGAs).

Net reinsurance premiums increased by 16%, while net retained premiums by 17%, reaching historic figures. Total equity expanded by 19%, maintaining a double-digit compound annual growth rate (47%) since its founding. Additionally, financial income more than doubled the average of the past five years, contributing one-quarter to the return on equity (ROE) of 19%.

During the event, Active Re was represented by its executive team, led by Ramón Martínez Carrera, CEO; Christian Vergara, CFO; Esteban Madero, CCO; Juan Antonio Niño R., Business Development LATAM; Margarita Niño, Vice President of Corporate Affairs; and Estefanía Dos Santos, Marketing and Corporate Image Manager. Their participation reflected the Active Re's guiding principle, "One vision, one team, one goal" an approach that drives its growth and strengthens its position in the global market.

"Our participation in Miami Reinsurance Week was an excellent opportunity to strengthen relationships, consolidate our positioning in the industry, and highlight the achievements reached at the end of 2024," said Ramón Martínez Carrera, CEO of Active Re. "Among these achievements, we highlight the reduction of the loss ratio from 67% to 59%, despite losses resulting from catastrophic events such as the floods in Dubai and the earthquake in Taiwan. Furthermore, we successfully maintained a stable combined ratio of 90%, thanks to efficient risk management of our strategic partners, MGAs, and brokers.”

Active Re's participation in such events reinforces its role as a strategic partner in the industry. Beyond strengthening relationships, Active Re affirms its leadership with a value proposition focused on financial strength, innovation, and adaptability to industry changes. With a proactive approach to risk management and the development of tailored solutions, Active Re continues to chart its global strategic course, driven by stable growth through diversification.

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About Active Re:
Active Re is a Barbados-based reinsurer established in 2007. The company comprises over 80 professionals located in 18 cities across 12 countries around the world, maintains a diversified geographic business presence in more than 140 countries across Latin America, the Middle East, Europe, and Asia Pacific, and focuses its underwriting efforts on short-term, non-catastrophic risks. For more information about Active Re: www.active-re.com. For the lates Best's Credit Rating, access www.ambest.com.


"One Team, One Vision, One Goal."