Allstate adds ~$600m to top of Florida tower with help of cat bonds
In its June 1st reinsurance renewal for 2022, US primary insurance giant Allstate has extended the top of its Florida excess-of-loss catastrophe reinsurance tower by almost $600 million.Allstate’s Florida Excess Catastrophe Reinsurance Program covers its subsidiaries that underwrite in the state, including Castle Key Insurance Company, Castle Key Indemnity Company and other affiliated entities. The … Read more