-
Rates are still materially higher than pre-pandemic and lower layers are holding firmer. -
The loss ratio in the business that HCI assumed was also better than anticipated.
-
Craig Hanrahan joins as Northeastern region leader from Chubb.
-
The market has advanced in sophistication but must tackle talent, tax and diversification issues.
-
The carrier has completed its 2024-25 reinsurance renewal.
-
Formed in 2006, Centauri is a Demotech A-rated firm headquartered in Sarasota.
-
Tim Cerio also credited litigation reforms for the current market recovery.
-
The carrier of last resort is proposing total risk transfer of $5.5bn.
-
Eleven hurricanes are predicted, with five expected to reach Category 3 or higher.
-
FHCF rates are also projected to decrease by a statewide average of 7.38%.
-
The group-level CoR worsened 4.7-points in the quarter, coming in at 89.4%.
-
It is understood that the company aims to launch in Q3 or Q4 of this year.
