21st Century Holding Company has paid a modest 5.3 percent increase
in premium for the private reinsurance element of the cat cover
bought by its Floridian subsidiary Federated National Insurance
Although the insurer tweaked the structure of its overall 2012 programme, the price paid for its cover is further evidence of the muted Florida market for property cat reinsurance writers at 1 June.
The 2012 programme includes traditional excess of loss cover, an industry loss warranty (ILW) and prepaid...
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