Elizaveta Galitckaia/shutterstock.com_1915083085_Lazy_Bear/shutterstock.com_1315667918

3 February 2025Reinsurance

Florida cat fund slips in 2024, faces higher hurdles on major event

The Florida Hurricane Catastrophe Fund (FHCF) suffered another slip in cash on hand to end-2024, forcing an increased reliance on fresh debt and resulting industry assessments were a major event to strike, the fund has indicated.

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

Pool Re’s retro overhaul pays off with 14% rate cut at first renewal

15 July 2026 Strong interest, ‘record number of international reinsurers’ help build NDBI cover.

Canopius names US chief executive to drive regional growth

15 July 2026 Former BCG managing director to lead US retail and wholesale expansion.

Howden Re taps North America ‘tangible pipeline of new opportunities’

15 July 2026 Former Gen Re underwriter to expand marine, energy and terror capabilities.

More articles

Moonrock bets on aviation future with chief data and actuarial officer

Expanded World Cup could push FIFA’s event cancellation cover beyond $1bn

Excess liability ends Q2 with a whimper as CRC sees softer trend

Wholesale property softening: double digit and spilling into terms: CRC

RLI appoints Gallagher Re North America chairman to board

Secondary perils hit record 99.9% of North America’s 2025 insured cat losses

First time trade credit cover inquiries surge as UK gets risk savvy

Business urged to shore up cyber defences as AI accelerates threats

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