The management of Citizens has advised its board that “severely restricted” reinsurance capacity in Florida means the state-backed carrier is unlikely to be able to place a significant portion of the limit it is seeking to complete its planned $4.7bn risk transfer program for the 2022 hurricane season.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: