Trustees call for lower trigger on $1bn FHCF treaty

Trustees at the Florida Hurricane Catastrophe Fund (FHCF) have
expressed an interest in lowering the reinsurance trigger for the
renewal of its $1bn catastrophe reinsurance programme.
The fund's communications director said that FHCF executive
director Ash Williams had told a meeting of the trustees yesterday
that he would "go into the [reinsurance] market and report
back once a final agreement, if any, was made".
Williams had presented several options for renewing the cat
fund's reinsurance pro