American Coastal Renews Core Cat Reinsurance Program with $1.676bn Coverage
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American Coastal renews core cat reinsurance program with $1.676bn coverage
American Coastal Insurance Corp. (ACIC) has renewed its core catastrophe reinsurance program (Core CAT) for 2025/26, purchasing approximately $1.676 billion of occurrence-based limit in the aggregate, an increase of $62.4 million, or 3.9%, from 2024/25. According to ACIC, the renewed Core CAT program, facilitated through its insurance subsidiary AmCoastal, covers perils including windstorms named or numbered by the National Hurricane Center, spe…
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