Reinsurance renewal storm brewing for Floridians amid regulatory uncertainty
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Reinsurance renewal storm brewing for Floridians amid regulatory uncertainty

Fiona Robertson
12 May 2022
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The 1 June reinsurance renewal is largely stalled three weeks out from the official start of hurricane season, as uncertainty over last-minute regulatory reform and a fundamental lack of attritional-level capacity are combining to justify all the forecasts for a highly challenged Florida renewal.

Several firm-order terms have been released, but underwriting sources suggested these were being taken as an “opening salvo” rather than as terms that should clear the capacity cedants are seeking.

Some

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