As reinsurance conditions ease at the Florida renewals, one executive said Humpty Dumpty is getting put back together again
Florida: The return of Humpty Dumpty?
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The return of “Humpty Dumpty” as Florida reinsurance conditions ease?
 As reinsurance market conditions ease meaningfully for Florida based insurers at the mid-year renewals, an analyst report has cited American Integrity CEO Bob Ritchie as saying the easing is around more than just price, with improvements in terms and conditions suggesting “Humpty Dumpty is getting put back together.”
Reinsurance market dynamics have always been a driver for competitive tendencies in Florida’s insurance market and with more pronounced price softening being seen at these reinsurance renewals, with rates said down 15%+, it’s leading to weaker terms and conditions, the analysts said.
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