Allstate, the first major 1 June cat account to come to market, has submitted a structure for quoting to reinsurers that would drop the first event retention to $500mn, The Insurance Insider understands.
Allstate, the first major 1 June cat account to come to market, has submitted a structure for quoting to reinsurers that would drop the first event retention to $500mn, The Insurance Insider understands.