Universal property cat reinsurance tower for 2023-24 secured: CEO Donaghy
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Universal property cat reinsurance tower for 2023-24 secured: CEO Donaghy

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Universal CEO Steve Donaghy disclosed that the carrier has fully placed its core all-states property cat reinsurance tower for the 2023-24 period.

On a call with analysts, the executive added that the program was secured “with no material changes to our historical reinsurance partners or our terms and conditions, while the costs are well within our budget parameters”.

He

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