How to read this table:

- Assuming that the ILS market has an overall Florida market share of 10%, and
- Assuming the aggregate industry loss is $30bn, then:

- At a 1.5x buffer, there will be $4.5bn of trapped capital (equal to around 4% of the ILS market)
- At a 2x buffer, there will be $6.0bn of trapped capital (equal to around 6% of the ILS market)