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

24 February 2018

Search archive

Sizeable Q3 loss hit for Florida private market

10 November 2017

Four of the listed Florida insurers have ceded more than $1.2bn of third quarter catastrophe claims to their reinsurers, based on estimates from their quarterly disclosures.

These represented significant drawdowns on their reinsurance programmes - from 20 percent at FedNat to one third for HCI - as the storm had a widespread impact despite taking a favourable turn away from Miami.

Even though the Florida carriers were well reinsured for Hurricane Irma's strike on the state, their net losses from...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership

Share: This article was published as part of issue November 2017/1

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.