United Insurance Holdings places $1.4bn reinsurance limit for subsidiaries
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United Insurance Holdings places $1.4bn reinsurance limit for subsidiaries

Kyoung-son Song
June 05, 2023
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United Insurance Holdings (UIHC) has renewed its 2023-24 reinsurance program, purchasing $1.32bn of occurrence-based limit for subsidiary American Coastal Insurance Company (ACIC) and another $82mn occurrence-based limit for Interboro Insurance Company (IIC).

The program offers sufficient coverage for approximately a 1-in-167-year event and a 1-in-100-year event followed by a 1-in-50-year event in the same season, the company said.

The

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NewsFloridaAmerican CoastalTreaty Reinsurance
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Kyoung-son Song
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