Universal's Milton loss to hit second reinsurance layer: Universal CEO
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Universal's Milton loss to hit second reinsurance layer: Universal CEO

The carrier is looking at a $600-$900mn hit from Debby, Helene, Milton.

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Universal CEO Steve Donaghy said the carrier expects a “full retention loss” of $111mn from the landfall of Hurricane Helene last month, with reinsurance picking up the rest.

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