United drops first-event cat retention to $15mn from $46mn
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United drops first-event cat retention to $15mn from $46mn

James Thaler
May 27, 2021
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United Insurance Holdings logo florida.jpg

United Insurance Holdings lowered the first- and second-event retentions on its catastrophe reinsurance program and also bought less limit, the company announced on Thursday.

The St Petersburg, Florida-based carrier said it had completed the renewal for both its core cat program and a quota share it has in place, lowering its retention for first and second events to $15mn.

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