Brief: Fednat Holding Co Says Estimates Catastrophe Weather Losses Incurred During Quarter Ended Sept 30, 2021, Will Reduce Q3 Net Income By About $20 Million
29/10/2021 22:39
Oct 29 (Reuters) - Fednat Holding Co FNHC.O :
* FEDNAT HOLDING CO - ESTIMATES CATASTROPHE WEATHER LOSSES
INCURRED DURING QUARTER ENDED SEPT 30, 2021, WILL REDUCE Q3 NET
INCOME BY ABOUT $20 MILLION
* FEDNAT HOLDING CO - EXPECTS TO INCUR $37 MILLION OF NET
RETAINED
WEATHER CLAIMS WITHIN INSURANCE SUBSIDIARIES IN Q3
Source: [ID: https://bit.ly/3Gxu8ML]
Further company coverage: FNHC.O
((Reuters.Briefs@thomsonreuters.com;))
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