Brief: Fednat Holding Agrees To Terms Of Its Excess Of Loss Catastrophe Reinsurance Program For 2021-2022

Fednat Holding Co

24/06/2021 22:45

June 24 (Reuters) - Fednat Holding Co  FNHC.O :
    * FEDNAT HOLDING CO - AGREED TO TERMS OF ITS EXCESS OF LOSS
CATASTROPHE REINSURANCE PROGRAM FOR 2021-2022
    * FEDNAT - PROGRAM PROVIDES UP TO ABOUT $1.41 BILLION SINGLE
EVENT
REINSURANCE COVERAGE IN EXCESS OF UP TO $18.3 MILLION PRE-TAX
RETENTION FOR CERTAIN LOSSES
    * FEDNAT - 2021-2022 CATASTROPHE EXCESS OF LOSS REINSURANCE
PROGRAM PROVIDES AGGREGATE COVERAGE UP TO $2.25 BILLION, AT
APPROXIMATE COST OF $287.7 MILLION

Source: [ID:https://bit.ly/3xPMIKH]
Further company coverage:  FNHC.O 

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