Brief: Federated National Holding says estimates aggregate gross liabilities due to Irma to be about $300 million for Federated National Insurance

Fednat Holding Co

12/09/2017 15:54

Sept 12 (Reuters) - Federated National Holding Co  FNHC.O  
    * Says estimates aggregate gross liabilities due to 
hurricane irma to be about $300 million for Federated National 
Insurance  
    * Says Federated National Insurance believes its losses,net 
of reinsurance,to not exceed first event pre-tax retention of 
$18 million-SEC filing 
    * Says monarch national believes its losses should not 
exceed first event pre-tax retention of $3.4 million due to 
hurricane irma 
    * Says monarch national currently estimates its aggregate 
gross liabilities associated with hurricane irma will be about 
$10 million 
 
Source text for Eikon:  ID:nEOL4sLJBX  
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