US buyer boasts of cat reinsurance cost savings of 8% in renewal


The CEO of Heritage Insurance Holdings has boasted that the insurer cut its catastrophe reinsurance costs by 8.3 percent while improving terms and conditions in the placement of its 2017-2018 reinsurance programmes, which includes a mixture of traditional coverage, collateralised reinsurance and catastrophe bonds.

Heritage Insurance Holdings, Zephyr Insurance Company, Catastrophe reinsurance, North America

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