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HCI renews $2.7bn of reinsurance limit, considers buying more for wind season

HCI Group Inc. has secured $2.7 billion in aggregate reinsurance limit for its main P&C insurance underwriting subsidiary Homeowners Choice ....

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The first $4bn+ cat bond month ever. Issuance running 38% ahead of record year

The first $4bn+ cat bond month ever. Issuance running 38% ahead of record year
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Cat bonds break half-year issuance record at $10.9bn already for H1 2024

Issuance of new catastrophe bonds and related insurance-linked securities (ILS) has already reached $10.9 billion in 2024 and has now broken the record ....

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TWIA wants to reduce reinsurance as proportion of funding going forwards

The staff of the Texas Windstorm Insurance Association (TWIA) is set to recommend lawmakers consider a variety of ways to reduce its reinsurance purchases ....

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Florida seeing first downward trend in property insurance rate filings for years

According to Florida's insurance market regulator, the first downward trend in property insurance rate filings for years is now being seen, as companies ....

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