Heritage discloses $32mn maximum second-event retention for Nicole
  • 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 discloses $32mn maximum second-event retention for Nicole

Farhin Lilywala
November 09, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Heritage Insurance logo storm surge.jpg

Heritage management commented today that its reinsurance cover for any loss over $20mn would be roughly 40 cents on the dollar, depending on the severity of a particular storm.

On a call with analysts, they added that the maximum retention for a second event such as Tropical Storm Nicole is around $32mn.

Executives

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

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