UPC’s 20% Irma creep expected to push up reinsurance cost

United Insurance Holdings (UPC Holdings) has increased its Hurricane Irma gross loss estimate to $900mn – a 20.5 percent increase on guidance provided to analysts in November – in a development that could impact its Florida peers’ share prices.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com