FedNat lifts reinsurance limit by $333mn to $2.25bn after heavy loss year
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

FedNat lifts reinsurance limit by $333mn to $2.25bn after heavy loss year

Bernard Goyder
28 June 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
FedNat Insurance logo Fort Lauderdale Florida.jpg

FedNat has raised its aggregate reinsurance limit from $1.9bn to $2.25bn, while reducing its retention levels, in a restructuring of the carrier’s reinsurance arrangements.

The carrier has split its reinsurance program into two treaties – one covering FedNat in Florida and two other subsidiaries, Mason and Monarch National – and a second covering the non-Florida business produced by SageSure, a program administrator that...

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

NewsFedNatClaims and lossesRe/insurers
BG
Bernard Goyder
Contact
Gift this article