Analysis: Biggest reinsurers of Florida risk grow market share in 2022
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Analysis: Biggest reinsurers of Florida risk grow market share in 2022

Ben Wylie
15 May 2023
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The critical role of opportunistic players such as DE Shaw and Berkshire Hathaway in stepping into a distressed Florida reinsurance market in last year’s June renewals has been highlighted by data showing that ceded premiums became more concentrated amongst the state’s biggest reinsurers last year.

The share of reinsurance written by the two largest players in the Florida market – the Florida Hurricane Catastrophe Fund (FHCF) and Berkshire Hathaway – increased by almost 6 percentage points year-on-year in 2022, analysis by Trading Risk of...

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Ben Wylie
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