Allstate adds ~$600m to top of Florida tower with help of cat bonds

Allstate adds ~0m 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