American Integrity fully places $2.99B CAT XOL Reinsurance Program
American Integrity Insurance Group, Inc. announced the full placement of its 2026-2027 indemnity-based, catastrophe excess of loss reinsurance program for its subsidiary, American Integrity Insurance Company. The program provides $2.2 billion in coverage for a single catastrophic event, with the total third-party excess of loss reinsurance limit increasing to $2.99 billion. The company secured meaningful risk-adjusted rate reductions and improved terms due to favorable market conditions, including Florida legislative reforms and a lack of severe storm activity. Expected ceded premiums for the 2026 treaty year are $430 - $440 million, and the company reduced its net retention exposure despite growth in in-force exposure.
Key Highlights
- Fully placed 2026-2027 catastrophe excess of loss reinsurance program.
- Total third-party excess of loss reinsurance limit increased to $2.99 billion.
- Program provides $2.2 billion coverage for a single catastrophic event.
- Expected ceded premiums: $430 - $440 million for the 2026 treaty year.
- Achieved meaningful risk-adjusted rate reductions due to favorable market conditions.
- Reduced net retention exposure despite 9% growth in peak season in-force exposure.
- The $3 billion placement combines traditional reinsurers, ILS investors, FHCF, and captive reinsurer.
- All participating reinsurers in the program were rated A- or better.
Price Impact
More from AII