FHCF ponders $1bn reinsurance purchase

The Florida Hurricane Catastrophe Fund (FHCF) is considering making
a $1.0bn reinsurance purchase for the forthcoming year in a bid to
protect its resources for future years.
The information was contained in a presentation prepared by FHCF
executive director Ash Williams, who is set to present risk
transfer options to the organisation's board on 23 May, the
FHCF's communications director told sister title
Trading Risk.
The presentation will reveal that the FHCF is currently in the
strongest fina