Floridian demand could stabilise June renewals: Doucette

Private market Floridian insurers' incremental demand could
help to foster more stable rates at the 1 June renewals, according
to Everest Re reinsurance CEO John Doucette.
Speaking on a first quarter earnings call with analysts earlier
this week, the CEO said some early 1 June placements had indicated
that the market was broadly in for flat renewals.
Doucette explained that some Florida insurers are seeking
additional reinsurance capital support as they struggle with higher
attritional claims du