FedNat

FedNat boosts quota share reinsurance cover as Delta triggers recoveries

Hurricane Delta triggered the carrier’s aggregate reinsurance programme.

Kit Heren, October 19, 2020
Sally to trigger FedNat's reinsurance treaty

The carrier had topped up its cover earlier this month after Laura triggered recoveries.

Fiona Robertson, September 23, 2020
FedNat adds $39mn reinsurance top-up after Laura hit

The carrier did not give a gross loss estimate, but has added $39.2mn of reinsurance cover for a second event.

Lucy Jones, September 10, 2020
Braun urges more AOB reform in Florida

Lawyers are diligent in finding avenues to bring litigation against insurers, FedNat’s CEO Michael Braun told analysts on Thursday.

Lucy Jones, August 06, 2020
FedNat’s Q2 earnings slump on 148% combined ratio

The carrier took “proactive” reserve charges and continued raising rates to address high reinsurance costs and elevated claims severity in Florida.

Dan Lukpanov, August 06, 2020
FedNat reports $48.4mn in Q2 catastrophe losses

The losses were driven by severe weather events in Florida, Texas and Louisiana.

Anna Sagar, July 20, 2020

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