Subject: Re: Hurricane Idalia and FL reinsurance
https://www.reinsurancene.ws/h...

Here is a "Reinsurance News" article (no paywall) that posits that Hurricane Idalia will be largely a primary insurer earnings issue and largely spare the Reinsurance industry. The soaring price of cat Re in Florida resulted in higher retentions by the primary insurers. We'll see how it works out for Berkshire but so far I'm not concerned. It is still early in prime hurricane season though.