Cat bonds, collateralized and ILS managers took 87% of Florida Citizens tower in 2025

Across the entire roughly $4.49 billion reinsurance risk transfer tower of Florida’s Citizens Property Insurance Corporation the capital markets have taken their largest share proportionally in 2025, with around 87% of the total backed by catastrophe bonds, collateralized reinsurance markets and ILS fund managers. As Artemis was first to report yesterday, Florida Citizens confirmed the successful […]