other material
confidence high
sentiment negative
materiality 0.75
Heritage pre-announces $35.5M net weather losses for Q2 2021
Heritage Insurance Holdings, Inc.
- Expects $24.5M net catastrophe losses and $11.0M other weather losses, total $35.5M.
- Additional $9.4M of ceded premium for reinstatement of severe convective storm reinsurance.
- Q2 2021 earnings will be reported after market close on August 5, 2021; call on August 6.
- Preliminary estimates subject to completion of quarter-end accounting and potential adjustments.