Florida Citizens purchases just $3.564bn of reinsurance for 2024 risk transfer program

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Reinsurance News - Jul 10, 2024

Citizens Property Insurance Corporation, Florida’s property insurer of last resort, has confirmed that it bought a lot less reinsurance than the $5.5 billion target announced back in April, securing a “cost-efficient” risk transfer program of approximately $3.564 billion. Previously, the...

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