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SafePoint, Cajun and Manatee tap cat bond market for $75mn of wind cover
The four-year deal will be the second Nature Coast Re bond issuance.
Opinion
ILS share of hard-market 2023 Florida renewal held stable with cat bond growth
Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows.
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Scor books Q1 P&C combined ratio of 87.1%
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LMG urges regulatory focus to support ILS growth
20 May 2024
Florida Citizens' Everglades Re bond priced up by 6% across three tranches.
Longleaf Pine Re priced, while spreads on Everglades Re deal moved higher.
Spreads could continue widening throughout the rest of the year.
Cession ratios declined at three of the four publicly listed Floridians.
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