Heritage places XoL cat program at one point higher percentage of PIF

Published: Thu 18 May 2023
Florida-based carrier Heritage Insurance Holdings has fully placed its 2023-2024 indemnity-based, catastrophe excess-of-loss reinsurance program at a cost of $420.5mn, with first-event tower exhaustion points of $1.3bn in the Northeast, $1.1bn in the Southeast and $870mn in Hawaii.