Florida Citizens targets $4.7bn coverage for 2022 risk transfer programme
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Florida Citizens targets $4.7bn coverage for 2022 risk transfer programme

Martha Muir
18 May 2022
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Citizens logo Tallahassee Florida.jpg

Florida Citizens Property Insurance proposed that it spend its maximum $400mn budget on reinsurance for 2022 after the insurer’s board previously considered cutting back its coverage.

The planned 2022 risk transfer programme includes $1.87bn of coastal account coverage and $2.83bn personal lines coverage, a total of $4.7bn,

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Topics

News Florida Citizens Re/insurers Catastrophe bonds Property
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Martha Muir
Reporter
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