Story thread · 2 reports / 2 sources

Allstate trims Florida cat reinsurance protection at mid-year renewal

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Allstate, a US primary insurance company, opted to reduce the amount of protection for its Florida excess catastrophe reinsurance tower at its mid-year renewal, while the carrier renewed numerous other contracts with some slight adjustments. Last year, the Florida cat reinsurance tower provided coverage up to $1.1 billion excess a $30 million retention, and included […] The post Allstate trims Florida cat reinsurance protection at mid-year renewal appeared first on ReinsuranceNe.ws .

First report: Allstate shrinks Florida reinsurance tower slightly, but catastrophe bond cover expands — artemis.bm, 5d