FedNat narrows Q4 net losses as CR improves 52.6 points to 135.5%
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FedNat narrows Q4 net losses as CR improves 52.6 points to 135.5%

FedNat Insurance logo Fort Lauderdale Florida.jpg

FedNat’s Q4 combined ratio improved 52.6 points to 135.5% as its net loss ratio fell 36.3 points to 88% following lower cat losses and favorable reserve developments during the period. 

The Floridian carrier recorded $8.1mn of cat losses net of reinsurance compared with $27.9mn a year earlier related to losses from hurricanes Delta, Zeta and Eta.

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