Brokers cite ‘significant improvement’ in Florida reinsurance rates ahead of 1.6
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Brokers cite ‘significant improvement’ in Florida reinsurance rates ahead of 1.6

Florida state flag.jpg

Brokers have highlighted the “significant market movement” in Florida reinsurance rates in the past few years ahead of what is expected to be another difficult renewal period for cedants in the state.

Speaking on a panel at the Bermuda Risk Summit today, intermediaries said improvements to the assignment of benefits (AoB) system, re-rating and restructuring of programmes and last year’s legislative reforms have helped to stabilise the Floridian market.

Lara

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article