Floridian Tower Hill secures nearly $2bn cat reinsurance
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Floridian Tower Hill secures nearly $2bn cat reinsurance

Gated community houses with palms, South Florida

Tower Hill Insurance Exchange has completed its 2023 Florida reinsurance program, which offers nearly $2bn for catastrophe cover, including all perils.

The coverage includes $120mn more limit than the expiring program.

Tower Hill Prime Insurance Company also secured an additional $111mn of cover, in excess of rating agency requirements.

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