June 1st, 2009

Chart: Florida 6/1 FOTs (2008 vs. 2009)

Posted at 12:44 AM ET

new09-risk-adjust-fla-clients-09fot_080fot

Florida firm order terms (FOTs) were up 10 percent to 14 percent year-over-year for lower layers and 14 percent to 18 percent for higher layers. The quoting process was much tighter than in earlier renewals this year — with an average range of -3 percent to 3 percent around the average quote. Though there were some outliers, cedents and markets generally understood the factors affecting capital availability and risk-transfer pricing, narrowing the disparities seen in January and April.

To download this chart, right-click on the image, and select “Save Picture As”. If you have any trouble, please e-mail us.

Click here to receive e-mail updates from GC Capital Ideas >>

AddThis Feed Button
Bookmark and Share


Related Posts