Active Re Highlights the Strategic Role of Reinsurance at the 3rd International Forum on Comprehensive Disaster Risk Management

PRESS RELEASE

 

Panama City, October 2025 – Active Capital Reinsurance, Ltd. (Active Re), with 18 years of industry experience, participated in the 3rd International Forum on Comprehensive Disaster Risk Management (GIRD), organized by Panama’s Ministry of Economy and Finance and held from October 22 to 24 at the Renaissance Panama City Hotel.

 

Mr. Ramón Martínez Carrera, CEO of Active Re, took part in the High-Level Panel titled “Insurance and Reinsurance: Innovations for Comprehensive Disaster Risk Management”, where he emphasized that reinsurance, through its financial capacity and technical discipline, serves as a key pillar for timely response to high-impact events, thus reinforcing market stability and confidence in the financial system.

 

During the session, Panelists agreed that the insurance and reinsurance sector is essential for building economic and social resilience, as it functions not only as a compensation mechanism following catastrophic events, but also as a preventive and strategic planning tool that enables faster recovery with reduced fiscal impact.

 

 

The discussion highlighted the value of parametric insurance solutions as objective and transparent instruments that deliver rapid payouts based on predefined triggers, ensuring immediate availability of resources to address critical needs. Panelists also underscored the importance of strengthening financial literacy, promoting innovative bancassurance products, and advancing modern, transparent, and stable regulatory frameworks that foster innovation and inclusion in risk management.

 

In addition, the panel addressed the potential of advanced financial instruments—such as emergency funds to reduce fiscal vulnerability and catastrophe bonds to mobilize private capital toward public risk management. In this context, Panama was recognized as a regional benchmark in financial innovation and disaster risk management thanks to its regulatory strength, reinsurance expertise, and role as a financial hub for Latin America and the Caribbean.

 

“At Active Re, we view risk management through a comprehensive and diversified coverage offering. In challenging moments following catastrophic events, we believe that the human dimension and timely indemnification are key differentiators. Reinsurance not only mitigates losses, but it also enhances the ability of countries and communities to adapt and recover stronger. Our mission is to continue delivering innovative and technically sound solutions that contribute to sustainable resilience,” stated Ramón Martínez Carrera, CEO of Active Re.

 

 

By participating in this forum, Active Re reaffirms its leadership in promoting innovative and technically robust solutions that strengthen resilience and sustainability across Latin America and the Caribbean.

 

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About Active Re:

Active Re is a Barbados-based reinsurer established in 2007. The company comprises over 90 professionals located in 17 cities across 15 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 latest AM Best's Credit Rating, access www.ambest.com.