Mexican startup Super, which offers coverage for earthquake property damages, plans to expand into hurricane insurance and possibly raise a fresh funding round next year, according to chief executive officer and founder Sebastian Villarreal. The company, which launched in 2019, …
Catastrophe modeling firm the Karen Clark & Company (KCC) estimates that the insured loss to onshore properties from Hurricane Grace will be around $330 million—$300 million in Mexico and $30 million in the Caribbean. The estimate is based on the …
MEXICO CITY – Five workers were killed and six injured in Sunday’s fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico’s oil production, the company said …
Hurricane Grace crossed through Mexico on Saturday, leaving at least eight people dead, causing floods and power cuts to more than half a million customers, before losing force as it swept toward the country’s Pacific coast. The storm entered Mexico …
