Nephila and Greenlight write 20% United QS
United has bought a new 20 percent quota share cover from
Nephila Capital and Greenlight Re, the Floridian insurer said on an
analyst call after the release of its fourth quarter results.
The carrier placed the 20 percent quota share in December to
help its United P&C subsidiarywithstand increasing claims as Floridian insurers fight a rise
in litigated claims activity in the state.United had earlier reported a spike
in fourth quarter losses, which totalled $98.7mn including
$17.0mn of...
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