Citizens seeks $5.5bn in private market reinsurance for 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement



Cookies Settings

Citizens seeks $5.5bn in private market reinsurance for 2024

Rachel Dalton
05 December 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Citizens logo Tallahassee Florida.jpg

Citizens is looking to buy up to $5.5bn in traditional reinsurance and capital markets protection for 2024, up 2.23% from last year’s $5.38bn.

According to the last-resort insurer’s 2024 budget, Citizens will look to buy $5.5bn in reinsurance coverage, the majority of which will kick in above the Florida Hurricane Catastrophe Fund (FHCF).

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

FloridaFlorida CitizensNews
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article