Heritage ceded premiums rose 12% in Q1
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Heritage ceded premiums rose 12% in Q1

Kyoung-son Song
05 May 2023
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Heritage Insurance logo storm surge.jpg

Heritage’s ceded premiums were up 12% year on year to $151mn for Q1, pushing its ceded premium ratio up 0.8 points to 47.6%.

This came as Heritage’s Q1 combined ratio fell 35 points to 94.5% from the prior-year quarter, driven primarily by lower weather losses.

The

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