ASSURANT INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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Sep 30, 2024 · Filed Nov 7, 2024
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15. Subsequent Event
- Subsequent Event
In October 2024, Hurricane Milton made landfall in Florida. At the time of this filing, the claims process continues and our current view of the pre-tax loss estimate is $75.0 million to $110.0 million, which is below the 2024 catastrophe reinsurance program per event retention of $150.0 million pre-tax. There is inherent variability in estimates of early loss projections and claims severity, particularly in high-damage regions, and therefore, the estimate may change as additional information emerges. The fourth quarter 2024 will include losses from this event.
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