Heritage discloses $32mn maximum second-event retention for Nicole
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Heritage discloses $32mn maximum second-event retention for Nicole

Farhin Lilywala
09 November 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Heritage Insurance logo storm surge.jpg

Heritage management commented today that its reinsurance cover for any loss over $20mn would be roughly 40 cents on the dollar, depending on the severity of a particular storm.

On a call with analysts, they added that the maximum retention for a second event such as Tropical Storm Nicole is around $32mn.

Executives

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsResultsHeritage Insurance
farhin lilywala/farhin lilywala ii ils.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article