Reinsurers dabbled in Florida quota share and lower layers at 6.1

Reinsurers may have dabbled in quota share and lower XoL layers of Florida nat cat funding towers to an increasing extent during the 6.1 treaty reinsurance renewals in an early sign that a key adjustment of the 2023 market reset could ease, key Florida brokers at global reinsurance brokerage Gallagher Re have claimed.