Some of the largest Florida carriers increased their reinsurance limits at this renewal, but they were able to keep control of overall expenditure by opting for more Florida Hurricane Catastrophe Fund (FHCF) protection.
All insurance has a social purpose but covers for lower income countries should probably be considered more impactful transaction than Florida coastal risk.
Stone Ridge Asset Management has once again been forced to ration redemption requests at its interval fund after investors sought to cash out nearly a quarter of the fund’s share base, Trading Risk can reveal.
