Irma hit poses greater threat to reinsurers than Harvey

A Hurricane Irma hit on Florida would affect reinsurers more
than primary carriers, reflecting the industry's wary stance
toward the Sunshine State and its exposure to wind, surge and flood
losses, analysts say.
Most large primary insurers have avoided writing commercial and
standard homeowners' policies in Florida and ceded much of the
risk they do carry to reinsurers, holding low retentions except in
segments like standard auto.
"Private reinsurers should be far more exposed to this loss
event