During last year’s hard-market Florida reinsurance renewal, the ILS market managed to hold its overall share of cessions stable to slightly up, despite a mixed picture for individual managers, analysis by Insurance Insider ILS has shown.
Greater
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.