Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 March 2018

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Florida insurers will need to raise capital: panel

11 October 2017

Florida domestic insurers will need to raise capital after Hurricane Irma hit the state this year, although a panel of experts said they were not expecting widespread solvency problems, speaking today at the Trading Risk New York conference.

"Every company is in a position where they have lost primary capital," said Citizens CEO Barry Gilway.

UPC Insurance CFO Brad Martz said that rising reinsurance costs could be an issue for smaller carriers but added that "the strong will get stronger.&...

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