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Rising combined ratios, lower capital, to drive Florida reinsurance demand

March 29, 2021

At the upcoming mid-year reinsurance renewals our sources suggest there could be increased demand for reinsurance protection coming out of Florida, despite the delicate financial position of many insurance carriers focused on the state.

The twin effects of another year of elevated combined ratios for Florida’s insurance carrier cohort, alongside the stresses caused by lower solvency capital, are expected to drive demand for reinsurance in the state.

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