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

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...

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