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

Citizens seeks $5.5bn in private market reinsurance for 2024

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).

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article