FedNat expects to cut reinsurance spend after shrinking amid broader review
Primary insurer FedNat expects to cut its total reinsurance spend in 2021 renewals after shrinking the company’s book and restructuring its reinsurance protection, company executives said on a fourth-quarter earnings call on Wednesday.
FedNat will be splitting its reinsurance tower in two this year, CEO Michael Braun told analysts on the call.
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