Nephila leads Citizens 2021 reinsurance programme with $600mn line

Alex Frampton

04 June 2021

Nephila was the biggest provider on the 2021 reinsurance programme for Florida Citizens as it wrote a total line of $601mn, comprising 36% of the state-run insurer’s $1.65bn placed private traditional limit.

DE Shaw Re was the next biggest participant, providing just under $170mn of cover, or 10% of the limit.

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