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New Florida reinsurance demand could generate $300m of premium

The increased need for reinsurance coverage resulting from new initiatives aiming to put more of the risk in the private or ILS market will amount to around $318m of new premium income to be split between traditional reinsurers and third-party capital, say analysts.Analysts from the equities research team at Macquarie read the full article →

Florida Clearinghouse to increase demand for reinsurance: Fitch

The launch of a property insurance clearinghouse in Florida, allowing select private firms to compete with state-sponsored Citizens Property Insurance for policies, will lead to more demand for traditional and non-traditional reinsurance, said Fitch Ratings today.The Florida Clearinghouse is being launched to try to accelerate the depopulation of policies from read the full article →