Citizens increases Ian loss estimate to $3.8bn, expects 37% to be ceded to reinsurers & FHCF
Reinsurance News - Nov 15, 2022
Florida’s residual market insurer, Citizens Property Insurance Corporation, has released a revised projection of $3.8 billion of direct losses and loss adjustment expenses from Hurricane Ian, of which it expects $1.4 billion to be ceded to private reinsurers and the Florida Hurricane Catastrophe Fun...
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