Helene and Milton losses below $200m retention of Progressive’s occurrence XoL reinsurance
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Reinsurance News - Oct 15, 2024
Progressive, the property and auto-focused insurance group, has revealed that incurred property losses and allocated loss adjustment expenses (ALAE) related to hurricanes Helene and Milton did not exceed the $200 million retention under its occurrence excess of loss (XoL) reinsurance program, but it...
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