FedNat lifts 2020 net loss by 7.5% after audit

16 March 2021

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FedNat has lifted its forecast net loss for 2020 by 7.5% from the previously reported annual net loss and warned of a delay in filing its annual 10K statement.

The insurer said that it expects to have to disclose findings of a material weakness in internal controls over financial reporting in that 10K annual filing when it is made available.

The

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FedNat lifts 2020 net loss by 7.5% after audit

FedNat has lifted its forecast net loss for 2020 by 7.5% from the previously reported annual net loss and warned of a delay in filing its annual 10K statement.

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FedNat lifts 2020 net loss by 7.5% after audit

FedNat has lifted its forecast net loss for 2020 by 7.5% from the previously reported annual net loss and warned of a delay in filing its annual 10K statement.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM