The insurer also renewed its Florida cat reinsurance tower
Allstate buys $325m homeowners aggregate reinsurance | | | Allstate buys $325m homeowners aggregate reinsurance, renews taller Florida tower  Allstate has purchased a new aggregate reinsurance cover for its US homeowners business at the mid-year renewals, adding what is a new protection feature for the company that covers events greater than $1 million and will provide $325 million of placed aggregate limit, across a $500 million layer excess of a $3.5 billion retention. In addition, Allstate has renewed its Florida reinsurance tower that covers its business there, including its Castle Key subsidiaries, with this tower rebuilding again as it now tops out at a higher $1.1 billion of losses. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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