State Auto buys agg excess cat deal at 1.1

US insurer State Auto Financial Corporation purchased a property
aggregate excess catastrophe reinsurance cover at 1 January 2015,
the company has disclosed.
The firm said the aggregate excess replaced a homeowner quota
share deal that had been in place for the prior three years,
providing the group with capital relief.
The treaty covers covering property business underwritten by its
personal and business insurance segments, including automobile
physical damage but excluding specialty.
The new d