FLORIDA APPROVES TWO MORE BERMUDA-BASED REINSURERS FOR REDUCED COLLATERAL PROGRAM
The Florida Office of Insurance Regulation has approved two more Bermuda-based reinsurers for its collateral reduction program. Consent Orders have been entered approving Allied World Assurance Company, Ltd. and Tokio Millennium Re Ltd. The OIR also issued press releases announcing the agreements with Allied World and Tokio Millennium. Nine reinsurers have now been approved for this program.
This post written by Rollie Goss.
