Treaty Reinsurance
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The state-backed carrier hopes to fill out more of the gaps in the coming days.
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The ratings agency says a quarter of the Floridians it rates have still not secured multi-event cover, although first-event towers have come together.
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DE Shaw has been offering a form of “capacity wrap” to insurers in which its limit could be used to plug gaps throughout programs, sources said.
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The Floridian said it had not needed to use the new Reinsurance to Assist Policyholders scheme that was created via new legislation.
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he broker’s analysis found rate increases and lower cat experience contributed to strong underwriting results.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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A key plank will be a Reinsurance to Assist Policyholders (RAP) program providing a $2bn reinsurance layer below the FHCF.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Jefferies has been awarded the mandate to seek a buyer for the segment.
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The firm’s reinsurance heavy business mix, investments, and slowing value creation likely kept buyers away.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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