[New post] Florida reinsurance costs could reach “breaking point”, warns AM Best

Steve Evans posted: "In a report on the challenged Florida property insurance marketplace and legislative efforts to reform the sector, rating agency AM Best has warned that reinsurance costs could reach breaking point at June 2023's renewals, surpassing the level of affordab" Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Florida reinsurance costs could reach "breaking point", warns AM Best Steve Evans Dec 8 In a report on the challenged Florida property insurance marketplace and legislative efforts to reform the sector, rating agency AM Best has warned that reinsurance costs could reach breaking point at June 2023's renewals, surpassing the level of affordability. Read more of this post 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/florida-reinsurance-costs-could-reach-breaking-point-warns-am-best/ Powered by Jetpack