Universal's Milton loss to hit second reinsurance layer: CEO
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Universal's Milton loss to hit second reinsurance layer: CEO

The carrier is looking at a $600-$900mn hit from hurricanes Debby, Helene and Milton.

By Clark Mindock
October 25, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
universal logo screen.jpg

Universal CEO Steve Donaghy said the carrier expects a “full retention loss” of $111mn from the landfall of Hurricane Helene last month, with reinsurance picking up the rest.

During

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Universal
Gift this article