FedNat cedes $201mn Q3 cat losses to reinsurers
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FedNat cedes $201mn Q3 cat losses to reinsurers

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FedNat fell to a $20.7mn net loss for the third quarter on $44.9mn of net catastrophe losses from hurricanes Laura and Sally, revealing on its earnings call that it had bought further reinsurance top-ups after it handed around $201mn...

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