About Us

PROPERTY REINSURANCE COMPANY, ii (PRC)

Is a reinsurance company founded in Puerto Rico with the purpose of carrying out the commercial activity of advising, designing and supporting reinsurance programs and facultative risks from various insurance companies initially from the Venezuelan market, Puerto Rico and in short sight South and Center America, the Caribbean and the rest of the world.

Our reinsurance company is independent and self-governed and offers through its commercial ally, personalized advisory services to the insurance companies and/or reinsurance brokers that form part of the chain.

PROPERTY REINSURANCE COMPANY, ii (PRC), was approved and register under the laws of Puerto Rico with the number 504539392 on July 2018 by the Insurance Commission of that country.

Is important to mention that in the process of initiation, the company rapidly position itself within the market with 14 insurance companies through its commercial ally Arsa Re Corretaje de Reaseguros. C.A. and has a long trajectory of over 40 years in the reinsurance market and has absolute leadership in contractual advisory placements with a huge portfolio that guarantee its beginnings, assuring solidity, professionalism, honesty, transparency and growth in the business.

Mission

Our mission is oriented to contribute unconditionally to provide integral and personalized service to all of our ceding companies and/or reinsurance brokers, taking into account that they’re a key piece in the insurance market. We consider this aspect essential in the management of this very particular business that constantly requires personalized monitoring to guarantee quality of service, seriousness, efficiency in management and this way generating the necessary trust in the client and the endorsement offered.

Vision

In short term being the main foreign reinsurer in the Venezuelan market and in medium term, in Puerto Rico, Latin-American and the rest of the world to take a place and being an important alternative to those markets, growing and offering and integral service and personalized advising and a wide range of important capacities in reinsurance in the difference modalities such as ”excess loss, facultative and treaties”, adapted to the necessity of the ceding companies and with the goal of escalating in the international reinsurance market ranking.

The teams professionalism is the biggest strength of this company. Although is a young group, most of the team members have more that 40 years of experience in the insurance and reinsurance market. This allows for the team to develop and act efficiently and to give immediate response in every day cases and in special situations.

Service

Achive complete satisfaction of all of the neccesities and requirements of brokers and ceding companies.

Comunication

Interpersonal relation effective and efficient.

Equity

All of our brokers and ceding companies receive an excellent attention regardless the type and volume of the business.

Compromise

Business follow up from start to finish with the biggest effort and dedication.

Effectiveness

Efficiency, effectiveness and productivity combined to achieve goals.

Honesty

Transparency in all of our placements.

Ethics

Complying with all principles.

Strenghts

Excellent commercial-personal relation with our brokers, ceding companies and retrocessionaires
Comercial Ally Arsa Re Captived Portfalio
Ability to generate new products, adapted to the markets necessity
Special advisory in Health Products and Artificial Intelligence
Solid Assets
Concentration of the Portfolio in important contractual businesses
Personalized Assistance
Top of the line Retrocessionaires