AboutUs
The Indigenous Alternative for Reinsurance, shaping the Caribbean’s insurance market since 2006.
About Us
Worldwide Reinsurance Limited
(WRe) the Indigenous Alternative for Reinsurance, underwrites non-life business on an excess, surplus and facultative accounts basis from Latin America, Asia and the Caribbean, and is rated B++ (Good) by AM Best and PA A- by Pacific Credit Rating (PCR).
WRe, formerly Worldwide Insurance Ltd (Lauriston Wilson, Jr), was incorporated in Grenada in 1994 and acquired by Mr. Patrick E. Taylor, MoM, CPCU, AMIM, AIS, MCGI, in 2006, and further incorporated in Trinidad & Tobago and the Republic of Guyana.
WRe is duly equipped to provide reinsurance coverages for intermediaries in a timely, prudent, and localised manner.
Rated by
B++
PA A-
B++PA A-Our Journey
From Grenada to the region
Since 2006, Worldwide has strategically opened access for brokers across the Caribbean, Latin America and the United Kingdom.
- 1994
Incorporated in Grenada
Founded as Worldwide Insurance Ltd by Lauriston Wilson, Jr.
- 2006
A new chapter
Acquired by Mr. Patrick E. Taylor, MoM, CPCU, AMIM, AIS, MCGI.
- Growth
Trinidad & Tobago and Guyana
Further incorporated in Trinidad & Tobago and the Republic of Guyana.
- Today
Regional reach
Broker access across the Eastern Caribbean, Panama, Ecuador, Costa Rica, Honduras, Venezuela and the United Kingdom.
The Group
Worldwide Reinsurance consists of four companies
One group providing reinsurance, risk control and premium finance for indigenous insurers and retail brokers.
Worldwide Reinsurance LLC
Risk Control Services Ltd
Loss control management & inspection surveys
Caricom Investment & Premium Finance Ltd
Premium financing & investment
To create a viable and sustainable secondary insurance market for indigenous insurance companies and retail brokers to compete in the Caribbean and Latin America, utilising internationally rated security and network providers.
To support indigenous insurance companies and retail brokers in the Region attain coinsurance and reinsurance capacity for domestic risk placements.
Objectives
What we set out to do
Five commitments that shape how we work with insurers and brokers across the region.
- 01
Provide a market for domestic insurance companies to coinsure or reinsure risks in excess of their treaty limits or net retentions
- 02
Provide a market for the coinsurance of risks which would have been uninsured or underinsured
- 03
Assist retail and reinsurance brokers in the turnaround time with risk placements
- 04
Provide an exclusive non-competitive environment for insurers and retail brokers
- 05
Bridge the gap between the Latin American and Caribbean insurance markets
Independently rated, upgraded in 2026
B++Financial strength · GoodPA A-Financial strength · Stable
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