FedNat expects to cut reinsurance spend after shrinking amid broader review
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FedNat expects to cut reinsurance spend after shrinking amid broader review

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Primary insurer FedNat expects to cut its total reinsurance spend in 2021 renewals after shrinking the company’s book and restructuring its reinsurance protection, company executives said on a fourth-quarter earnings call on Wednesday.

FedNat will be splitting its reinsurance tower in two this year, CEO Michael Braun told analysts on the call.

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