United increases winter storm aggregate cover

Florida insurer United Insurance Holdings (UPC Insurance) has
renewed and expanded its non-windstorm reinsurance cover as it
placed a $20mn aggregate programme in January.
The deal covers winter storms, tornadoes, hail and other perils
excluding windstorm.
The 2016 calendar year contract replaces a per-occurrence $22mn
excess $3mn non-windstorm cover that UPC had for 2015, meaning the
limit placed was up by 5 percent.
The aggregate layer on the new programme also has a higher
attachment point of