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03/12/2008 |
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Citizens Insurance Update
Citizens Property Insurance Corporation presentation to Senate Banking & Insurance Committee.
Information includes:
Citizens PML, Exposure and Policy Counts, 2005-2007;
Outline of $22.36 billion in estimated claims-paying capacity for the 2008 hurricane season and how the money would be generated;
Citizens after a 100-year PML Event - Where Would the Money Come From?
Citizens Pre-Event Liquidity;
Invested Assets Overview, Including Negative Arbitrage
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