
Insurance solutions provider Orion180 has increased its reinsurance tower by 31% year-over-year, reaching $845 million of limit for the 2025 hurricane season.The completed placement includes both excess-of-loss (XOL) and net quota share agreements, reflecting the company’s continued growth in high-risk, catastrophe-exposed markets.The renewed reinsurance program, which covers Orion180 Insurance and Orion180 Select Insurance companies, is backed by a panel of 35 global reinsurers.With the National Oceanic and Atmospheric Administration (NOAA) forecasting an above-normal hurricane season, Orion180 has secured the reinsurance placements to back its expanding personal lines portfolio across the U.S.
including its FLEX Home Insurance and Residential Private Flood Insurance offerings.Ken Gregg, President and CEO, commented: “By providing additional insurance capacity, our reinsurance partners empower us to deliver much-needed tailored coverage to homeowners in catastrophe-prone markets.“Independent agents and customers can rest easy, knowing that Orion180 can fulfill its promise of offering protection in higher risk areas of the United States when few others will,” he added.
To further reinforce that commitment, Orion180 emphasises that, “Every reinsurance partner of Orion180 meets or exceeds the “A-” rating standard set by A.M.Best or is fully collateralized.This guarantees our claims-paying ability, ensuring coverage even in the event of major disasters.” With the 2025 Atlantic hurricane season now underway, Bernhard Allgäuer, Senior Investment Strategist at VP Bank, , citing elevated risk premia and a favourable technical setup that could support returns..
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Publisher: Artemis