United projects $27mn in third-quarter cat losses
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

United projects $27mn in third-quarter cat losses

James Thaler
September 09, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
United Insurance Holdings logo florida.jpg

St Petersburg-based underwriter United Insurance said on Thursday that it anticipated third quarter pre-tax catastrophe losses of $27mn, inclusive of losses from Tropical Storm Elsa and Hurricane Ida.

The figure the company provided is net of reinsurance recoveries. United said in May that it had lowered its catastrophe reinsurance retention to $15mn for its first and second events, from roughly $46mn the year prior.

Coupled

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsMajor lossesFloridiansAmerican Coastal
JT
James Thaler
Gift this article