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State Farm eyes up purchasing $1bn extra limit across property cat treaties
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State Farm eyes up purchasing $1bn extra limit across property cat treaties

Liz Bury, 
Fiona Robertson, Kyoung-son Song
14 November 2023
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State Farm is planning to buy $1bn of additional limit across its 2024-2025 property catastrophe reinsurance program, this publication understands.

Sources have told Inside P&C that the mutual carrier met with reinsurers recently to flag its appetite for more cover next year, in an early sign that anticipated new cat demand is beginning to pick up pace.

It

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News State Farm Catastrophe bonds Hurricane Catastrophe losses Property
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Liz Bury
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