Brief: Fednat Anticipates Reporting Pre-Tax Catastrophe Claims Of $4.5 Mln, Net Of Reinsurance And Profit-Share For Q4 Of 2019

Fednat Holding Co

19/02/2020 22:20

Feb 19 (Reuters) - Fednat Holding Co  FNHC.O :
    * FEDNAT ANNOUNCES CERTAIN PRELIMINARY FOURTH QUARTER 2019
RESULTS
    * FEDNAT HOLDING CO - ANTICIPATES REPORTING PRE-TAX
CATASTROPHE
CLAIMS OF $4.5 MILLION, NET OF REINSURANCE AND PROFIT-SHARE, FOR
Q4 OF 2019
    * FEDNAT HOLDING CO - FOR Q4 OF 2019, EXPECTS TO REPORT
$12.0
MILLION (PRE-TAX) OF ADVERSE PRIOR YEAR RESERVE DEVELOPMENT
    * FEDNAT HOLDING CO - FEDNAT EXPECTS TO REPORT OVER $125
MILLION
IN CASH ON HAND AT DECEMBER 31, 2019

Source text for Eikon:  ID:nGNXg6xVN 
Further company coverage:  FNHC.O 

 ((Reuters.Briefs@thomsonreuters.com;))