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The program includes all perils coverage and subsequent event protection. -
The $2.59bn renewal is up 45% from last year.
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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 total cost excluding a 15% quota share was $201.85mn, with rates down 12.2% from last year.
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The Floridian also secured $352mn of multi-year coverage extending to 2027.
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A 20% increase in FHCF retention levels sent cedants to the private market.
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The collective CoR of 45 Floridians hit 93.1% in 2024
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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This publication reported earlier today that the S-1 filing was imminent.
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This publication reported earlier this year that the carrier is targeting a $250mn-$350mn raise.
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The Miami-based underwriter will write lines of up to $5mn per risk for cyber and tech E&O.
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The agency forecasts up to five major hurricanes and 19 named storms.
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