06-09-2017 21:33 via insuranceinsider.com

Nephila, Validus and Everest the biggest Citizens supporters

Insurance-linked securities (ILS) giant Nephila and Bermudian
carriers Validus and Everest Re combined write more than 60 percent
of Florida Citizens' $1.03bn reinsurance programme, which could
be at risk from Hurricane Irma.
As many as 28 different groups, some writing via a number of
different entities, participate on the programme, but the top 10
writers have more than 90 percent of the slip.
The residual insurer in the world's peak catastrophe zone
cut its overall risk transfer programme at
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