9+ hour, 32+ min ago  (292+ words) The landmark legal reforms made in late 2022 are highlighted as a key reason for improved property insurance market conditions in Florida and this has served to raise reinsurer and investor appetite for risks in the state. "Materially stronger balance sheets,…...

2+ week, 1+ day ago  (809+ words) As we reported in our first update on this deal, the target sizes for all three tranches of notes on offer were raised, with from the initial $450 million to as much as $600 million of reinsurance limit then being sought by…...

1+ mon, 5+ day ago  (402+ words) The broker also observed that insurers have broadened their appetite, targeting more complex industries and the middle market, where competition levels are increasing. "Given broad economic uncertainty and inflationary pressures, clients have the opportunity to optimize their program structures, increase…...

2+ mon, 3+ week ago  (434+ words) The catastrophe bond market provides $3. 125 billion of reinsurance limit to support Florida Citizens for the hurricane season in 2026, however the company's $500 million'Lightning Re Ltd. (Series 2023-1)'industry loss triggered cat bond is scheduled to mature later this month. Therefore, this means…...

3+ mon, 4+ day ago  (684+ words) As the California FAIR Plan looks to build-out its reinsurance tower it had returned to the capital market quickly after its debut catastrophe bond that was issued in December 2025. That first cat bond secured the largest pure wildfire risk issuance…...

4+ mon, 4+ week ago  (903+ words) The broker had reported that excess capital in the market weighed on rates at the 1/1 2026 renewal season, resulting in double-digit declines for property catastrophe renewals with investor appetite for insurance-linked securities a contributing factor. Guy Carpenter's Global Property Catastrophe Rate-On-Line…...

5+ mon, 2+ week ago  (609+ words) As we've explained before, in the case of Florida, the June 2025 reinsurance renewals indicated growing confidence in the state's property insurance market, while Florida Citizens itself said that it is anticipating lower reinsurance costs in 2026 as the insurer of last…...

8+ mon, 3+ day ago  (1020+ words) We reported back in June that Florida Citizens has reduced its exposure meaningfully already and that this trend is expected to persist through the second-half of 2025. At today's meetings, the executives heard that the depopulation process has continued to deliver…...

9+ mon, 4+ week ago  (964+ words) Allstate's main Nationwide occurrence and aggregate towers remain as they were after its April renewal, when it had already announced new occurrence treaties that incepted at June 1st this year. While the main Nationwide aggregate tower continues to be supported solely…...

10+ mon, 1+ week ago  (205+ words) This latest estimate is also down from Cat IQ's initial loss estimate of over CAD $940 million, which was issued in August 2024. The firm noted that the majority of the loss figure was from personal property-related losses, which accounted for over…...