Florida reinsurance buyers’ capacity fears ease ahead of 6.1 but at a price
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Florida reinsurance buyers’ capacity fears ease ahead of 6.1 but at a price

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Florida reinsurance buyers have been hard at work on renewals well in advance of the June 1 start to the hurricane season this year, as fears that the January 1 hard market would drive a lock-up in capacity appear to be easing. 

But with ongoing problems in sourcing low-tier reinsurance capacity and a further significant uptick in rates expected to build on last year’s gains, increased reinsurance spending will once again be a major challenge to poorly capitalized domestic carriers.

Additionally,

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