Americas Insurance reveals $40mn capital deficit after Ida goes through cat program

Americas Insurance Company has been developing plans to address a $40mn capital and surplus deficit that has left the Louisiana-focused homeowners insurer considered insolvent after Ida losses went out of the top of its catastrophe reinsurance program, The Insurer can reveal.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7450 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com