Tower Hill FOTs highlight FL renewal dynamics with 90% RoL on first layer

Tower Hill and its reinsurance broker TigerRisk have gone to the market with firm order terms (FOTs) on the Florida carrier’s core personal lines cat placement that include a first $10mn layer with a 90 percent rate on line (RoL) and a second $45mn layer priced at a 75 percent RoL, The Insurer can reveal.