Florida Cat Fund participations remain at high levels
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Florida Cat Fund participations remain at high levels

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Florida insurers have kept their participation in the state reinsurance scheme at high levels, with average participations up a notch, ahead of what is expected to be a highly challenging private market renewal at 1 June.

The average participation rate in the Florida Hurricane Catastrophe Fund (FHCF) has moved to just under 86%, from 85.8%

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