[New post] Lighthouse the first to lose Demotech rating, as Ida losses weigh

Steve Evans posted: "Lighthouse Property Insurance Corporation has the unfortunate title of becoming the first coastal property insurance specialist to lose its rating as the 2022 hurricane season approaches, as Demotech withdrew its Financial Stability Ratings citing a reduc" New post on Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Lighthouse the first to lose Demotech rating, as Ida losses weigh by Steve Evans Lighthouse Property Insurance Corporation has the unfortunate title of becoming the first coastal property insurance specialist to lose its rating as the 2022 hurricane season approaches, as Demotech withdrew its Financial Stability Ratings citing a reduced capitalisation due to losses from Ida. Read more of this post Steve Evans | March 31, 2022 at 8:30 am | Tags: Alternative reinsurance capital, capital markets, Cat bond, Catastrophe bond, florida, Florida Citizens, ILS funds, insurance, Insurance linked securities, reinsurance | Categories: News, Reinsurance News | URL: https://wp.me/paEjVa-n8V Unsubscribe to no longer receive posts from Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.artemis.bm/news/lighthouse-the-first-to-lose-demotech-rating-as-ida-losses-weigh/