Active Re reports records growth and strong performance

The ACTIVE re-insurer based in Barbados rose by 16% by 17% in 2024 by 17% and achieved what he described as “historical numbers”.

Active RE also reported a 19% expansion of the total value, with a strong double -digit annual growth rate of 47% being retained since it was founded.

In addition, the financial income has more than doubled the five -year average, which contributed significant 25% to the company's return of 19% (ROE).

Despite the losses of catastrophic events such as the Dubai floods and the earthquake in Taiwan, Active Re -ce Ramón Martínez Carrera emphasized the reduction of the loss ratio from 67% to 59%.

The company has also maintained a stable combined ratio of 90%, which has to attribute this success to “the efficient risk management of our strategic partners, MGAS and brokers”.

In November 2024, Active RE reported 20% to $ 164 million in the first nine months of the year to an increase in net surveillance premiums, which explained a “period of considerable success” in 2024.

The reinsurance also found that the service agreed with its strategic goals by October, with the 20% net insurance premium growth had a robust expansion.

Netto Agriculture premiums recorded considerable growth and rose by 38% to $ 106 million in the nine-month period, which shows the strengthened storage capacity of the company.

In addition, the return on equity reached healthy 21%for this period, which reflected the efficiency and profitability of the activities of Active RE.