DR1 Daily News - Dominican Republic

Nelson Arroyo / Noticias SIN

Nelson Arroyo, executive vice president of Seguros Reservas, the insurance division of the state Banco de Reservas, issued a firm rebuttal on Monday, 22 December 2025 against warnings from economist Juan Ariel Jiménez regarding the state-owned insurer’s financial stability. Jimenez was Minister of Economy during the government of Danilo Medina and today is a professor at the University of Harvard in Boston. Arroyo dismissed the claims as “unfounded” and lacking “technical rigor.”

The exchange marks a sharp escalation in tensions within the financial sector. Arroyo expressed regret that Jiménez, whom he described as a typically prudent voice within the political opposition, would issue judgments he believes are designed to capitalize on the public sensitivity following recent controversies surrounding Senasa.

“There is an attempt to seek political...