News
Florida Citizens mulls axing 2024 cat bonds, slashing treaty
8+ hour, 18+ min ago (99+ words) Florida Citizens mulls axing 2024 cat bonds, slashing treaty'Intelligent Insurer - Florida Citizens mulls axing 2024 cat bonds, slashing treaty Florida's insurer of last resort Citizens may call $1.1 billion in 2024 cat bond issuance ahead of maturity, radically reposition the 2025 cohort and slash its…...
Kettle pacts with RLI to offer parametric wildfire coverage
2+ week, 1+ day ago (252+ words) Kettle pacts with RLI to offer parametric wildfire coverage'Intelligent Insurer - Kettle pacts with RLI to offer parametric wildfire coverage Bermuda-based parametric re/insurer Kettle has partnered with US specialty insurer RLI to launch a multi-peril commercial property insurance product that…...
Florida rewrites the rules, Bermuda watches closely
1+ mon, 3+ week ago (134+ words) Florida rewrites the rules, Bermuda watches closely'Intelligent Insurer Florida rewrites the rules, Bermuda watches closely For years, Florida's insurance market was defined as much by courtrooms as by hurricanes. Now, according to John Huff, CEO of ABIR, speaking exclusively to…...
Florida property carriers shave 0.5% from reinsurance cost in 2025
1+ mon, 4+ week ago (98+ words) Florida property carriers shave 0.5% from reinsurance cost in 2025Intelligent Insurer - Florida property carriers shave 0.5% from reinsurance cost in 2025 Florida property insurance carriers took a 0.5% reduction in average risk-adjusted reinsurance cost during 2025 as reinsurers continued to rewarm to the market following crucial…...