Heritage reinsurers benefit from ceded loss drop in 2020

10 March 2021

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Florida-based insurer Heritage ceded $236.2mn of losses to its reinsurance partners in 2020, according to its annual report filing.

This was around a third of the firm's $609.6mn loss tally, but for the first time in three years reinsurers accrued significantly more premium than losses from the insurer.

Heritage

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Heritage reinsurers benefit from ceded loss drop in 2020

Florida-based insurer Heritage ceded $236.2mn of losses to its reinsurance partners in 2020, according to its annual report filing.

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Heritage reinsurers benefit from ceded loss drop in 2020

Florida-based insurer Heritage ceded $236.2mn of losses to its reinsurance partners in 2020, according to its annual report filing.

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Uncover exclusive insights tailored for insurance leaders

Topics

Universal ‘seeing more entrants coming into the market’: CEO Donaghy

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