Citrus Re Ltd. Series 2022-1

Florida headquartered, nationally expansive U.S. property casualty insurer, Heritage Insurance Holdings, Inc., has said that it expects its hurricane Ian losses will fall within the second-layer of its reinsurance tower, which covers it up to $960 million of losses.

Florida headquartered, nationally expansive U.S. property casualty insurer, Heritage Insurance Holdings, Inc., is set to retain more risk this year as the company announces the details of its 2022-2023 reinsurance renewal.

Heritage Insurance Holdings, Inc., the Florida headquartered but nationally expansive property and casualty insurer, has reported the full placement of its reinsurance program for 2022, which includes the company’s first catastrophe bond transaction since 2017.

Florida headquartered but nationally expansive property and casualty insurer Heritage Insurance Holdings, Inc. has now secured its new Citrus Re Ltd. (Series 2022-1) catastrophe bond at the original $100 million size, but with pricing now fixed above the initial guidance range.

The new Citrus Re Ltd. (Series 2022-1) catastrophe bond transaction sponsored by Florida headquartered but nationally expansive property and casualty insurer Heritage Insurance Holdings, Inc. has seen its price guidance raised to above the initial range, Artemis can report.

Heritage Insurance Holdings, Inc., the Florida headquartered but nationally expansive property and casualty insurer, has returned to the catastrophe bond market seeking $100 million or more of north-east US wind reinsurance with a Citrus Re Ltd. (Series 2022-1) transaction.