Insight and Intelligence on the London & International Insurance Markets

19 April 2018

Search archive

Citizens anticipates growth after Demotech downgrades

Lucy Jones 7 March 2017

Florida Citizens Property Insurance is expecting an increase in business as a result of Demotech's warning that local insurers with less than $25mn surplus may be downgraded, according to its chief financial officer Jennifer Montero.

"There is a possibility if there isn't a home for these policies with the downgraded companies, they will come back to Citizens," she said on 28 February during a panel discussion at the Sifma IRLS conference in Miami.

Citizens budgeted for small growth this year...

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

This article was published as part of issue March 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.