Heritage lowers its main first event exhaustion point by $100mn as costs rise 15%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Heritage lowers its main first event exhaustion point by $100mn as costs rise 15%

Farhin Lilywala
June 06, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Heritage Insurance logo storm surge.jpg

Heritage Insurance has completed its 2022-23 reinsurance program, decreasing its first event exhaustion point by $100mn to $1.3bn in the southeast from $1.4bn in the prior year, as its dollar spend rose 15%.

The company’s first event reinsurance tower exhaustion points clocked in at $1.2bn for the northeast region, $1.3bn in the southeast and $780mn in Hawaii.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsFloridaHeritage
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article