The Hartford renews cat reinsurance with 28% risk-adjusted cost increase: CFO Costello
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

The Hartford renews cat reinsurance with 28% risk-adjusted cost increase: CFO Costello

Jairo Ibarra
February 03, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
the hartford hartford CT v4.jpg

The Hartford has renewed its per occurrence and aggregate property cat reinsurance protection with an approximate 20% increase, or 28% on a risk-adjusted basis, CFO Beth Costello told analysts during the company’s Q4 conference call.

Costello said that “overall the structure of our property cat program did not change significantly,” but added that the insurer increased its attachment point on the $200mn aggregate cover to $750mn, up from $700mn.

But

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? Log in now

Topics

NewsThe HartfordResultsEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article