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Heritage tips to underwriting loss on increased Q1 weather losses
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Heritage tips to underwriting loss on increased Q1 weather losses

Fiona Robertson
06 May 2021
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heritage-insurance-logo-clearwater-florida.jpg

Floridian insurer Heritage fell to a $5.1mn net loss for Q1 on elevated weather losses, but reported positive reserve development.

Premiums: Heritage lifted top line premium by 20% to $274.2mn, with growth both within and outside Florida. Net premiums earned were also up 13% to $142.2mn.

Losses:

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Fiona Robertson
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