Opinion: The net tightens in Florida

29 March 2021

The latest data on Floridian insurers’ 2020 performance highlights the unique challenges primary carriers in the state will face in the run-up to this year’s mid-year reinsurance renewals, with rising loss costs leading to deteriorating combined ratios and declining solvency levels.

Data compiled by Willis Re on the Floridian market gives fresh confirmation that the property market in the state is severely challenged.

Combined

Enter your e-mail to claim a free trial: