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Florida reforms open runway for tens of billions in fresh capital: Fermat’s Seo

December 18, 2023

The enactment of legislative reforms targeted at the insurance market in Florida has opened the runway for tens of billions in fresh capital to flow into the state from investors, John Seo, Co-Founder & Managing Director at Fermat Capital Management said at an event last week.

Speaking during a panel discussion at an Insurance Summit convened by the Florida Chamber of Commerce, catastrophe bond specialist investment manager John Seo said that investors have been constructive about the property insurance market reforms that Florida’s lawmakers have enacted.

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