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

24 March 2018

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New parametric Florida hurricane product launched

10 February 2017

Assured Risk Cover (ARC) is marketing a new parametric hurricane insurance cover to Floridian buyers.

The Insurance Journal reported that the StormPeace product has been launched by the group, using insurance paper from Topa Insurance Company.

It has backing from a top five global reinsurer with ratings of A+ from AM Best and AA- from Standard & Poor's.

This is likely to be one of the large continental insurers, as Berkshire Hathaway has a higher rating and a standalone Lloyd&#...

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