Progressive renews agg XoL reinsurance with lower retentions, upsizes shared hurricane limit

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Reinsurance News - Mar 04, 2024

Property and auto-focused insurance group, Progressive, renewed its aggregate excess of loss (XoL) reinsurance program for its property business at the January renewals with a lower retention for both layers, and has also renewed and upsized its hurricane coverage for the 2024 wind season. The new a...

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