Foreword of the Managing Director
2020 was a year of triumph for SELECTA Insurance & Reinsurance Company (Caribbean) Ltd.
Despite challenges the world over, the gross premium written by our team represents a 55% plus increase over the previous year.
We continue to ensure expectations are exceeded with respect to regulatory requirements while simultaneously maintaining the strength of the company by injecting additional capital into the company for successive years.
As anticipated, significant profits were achieved, as our net profit of more than 3 million US.
We are working in a capital increase and AM Best application which is likely to come in 2021.
We once again take this opportunity to thank our valued partners without whom we could not have experienced the success we have.
We are committed to continue serving our existing customers and excited for the new ones and we remain at your service 24 hours a day, 7 days a week and 365 days a year.