North America
-
The effort will draw from California’s research and higher education communities.
-
Eight Floridians will take on personal residential multi-peril and wind-only policies.
-
Citizens’ auto-renewal controls were down from February 2023 to August 2023.
-
The storm brought a lot of rain, but the Floridian doesn’t provide flood insurance.
-
The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.
-
Sources said that while a late June-early July IPO is still on the table, a Q4 or early 2025 listing is expected.
-
Concerning hurricane forecasts are among the factors driving tighter reinsurer capacity.
-
Top layer competition is an added pressure on ILS firms, but the impact can be overstated.
-
The program includes all perils coverage and third-event protection.
-
The company plans to reduce its quota share to 20% from 40%.
-
The carrier has completed its 2024-25 reinsurance renewal.
-
The coverage will be indemnity, annual aggregate for Florida named storm.
Most Recent
-
Volante looking for capital partners as OTPP scales back
04 October 2024 -
TIH’s Starwind confirms $270mn raise for Fractal Re sidecar
04 October 2024 -
Hamilton Re head of ILS Ali to leave firm
04 October 2024 -
Aon names Schultz global vice chair of reinsurance solutions
03 October 2024 -
Artex Risk Solutions acquires Risk International
03 October 2024