Citizens secures $4.49bn in reinsurance coverage
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Citizens secures $4.49bn in reinsurance coverage

The cost comes in at $530.6bn, roughly $20mn lower than budgeted.

By Adam Kovac
June 23, 2025
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florida citizens property insurance corporation.jpg

Citizens Insurance, Florida’s insurer of last resort, has met its risk transfer target of $4.49bn, which includes $2.89bn of new placement, according to company information.

Citizens

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Topics

News Rates Reinsurance Personal lines Property Commercial lines Homeowners' insurance Insurers Reinsurers North America Florida
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