Heritage announces full placement of cat XoL programme
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Heritage announces full placement of cat XoL programme

Heritage Insurance logo without bar jt.jpg

Heritage Insurance Holdings has fully placed its catastrophe excess-of-loss (XoL) reinsurance programme for 2022-23, against a backdrop of an increasingly distressed Florida insurance sector.

Heritage’s programme covers its subsidiaries Heritage Property Casualty, Narrangansett Bay and Zephyr.

In the run-up to this year’s almost gridlocked 1 June Florida renewal, with cedants struggling to find capacity amid steep rate increases and a withdrawal of supply, the...

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