Homeowners' insurance
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White Mountains invested $150mn in the retail platform earlier this year. -
Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
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HCI secured three towers with $3.5bn in XoL coverage.
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The program includes all perils coverage and subsequent event protection.
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A week ago, this publication revealed that Slide was pressing ahead with its IPO plans with an S-1 filing.
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The Floridian also secured $352mn of multi-year coverage extending to 2027.
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The collective CoR of 45 Floridians hit 93.1% in 2024
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One measure could give regulators greater leeway to deny rate requests.
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This publication reported earlier today that the S-1 filing was imminent.
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The company seeks the full 30% homeowners’ rate request it made last June.
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This publication reported earlier this year that the carrier is targeting a $250mn-$350mn raise.
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Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
