ANTIVAR/shutterstock.com_1910488969_Lazy_Bear/shutterstock.com_1315667918

30 October 2024Reinsurance

Florida cat fund FHCF eyes $4.6bn on Helene & Milton

The Florida Hurricane Catastrophe Fund (FHCF), Florida’s state-backed property cat reinsurer, will pencil in $4.6 billion in costs for Hurricanes Helene and Milton, reducing its current year rump claims paying ability to some $13.7 billion.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Munich Re reclaims top spot in AM Best reinsurer rankings

17 August 2026 Meanwhile, Lloyd’s knocks Berkshire Hathaway off the non-IFRS pedestal.

MS Reinsurance, MS Amlin both improve Q1 combined ratios

17 August 2026 Below average nat cat losses boost MS Re, while MS Amlin records zero cat exposure.

Mangrove secures record reinsurance capacity for 2026/27 Florida property book

17 August 2026 More than 30 reinsurers support the programme, which covers all perils.

More articles

AI may help insurers jump higher, ... then raise the bar even further: Talanx

X marks the spot: Aon expands transactional risk with $200m sidecar

Munich Re reclaims top spot in AM Best reinsurer rankings

MS Reinsurance, MS Amlin both improve Q1 combined ratios

Aegis London launches cross-class digital follow consortium

Mangrove secures record reinsurance capacity for 2026/27 Florida property book

Fidelis Partnership cuts cost of debt with $2bn refinancing

Accelerant ratings under review after Thoma Bravo takeover

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze