Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - UNITED INSURANCE HOLDINGS CORP. | exh1012015fhcfcontract.htm |
| EX-99.2 - EXHIBIT 99.2 - UNITED INSURANCE HOLDINGS CORP. | exh9922015summaryofreins.htm |
| EX-10.5 - EXHIBIT 10.5 - UNITED INSURANCE HOLDINGS CORP. | exh105aeolusmult-year1catc.htm |
| EX-10.4 - EXHIBIT 10.4 - UNITED INSURANCE HOLDINGS CORP. | exh1042015fhcfreplacementc.htm |
| EX-10.8 - EXHIBIT 10.8 - UNITED INSURANCE HOLDINGS CORP. | exh1082015underlyingproper.htm |
| EX-10.6 - EXHIBIT 10.6 - UNITED INSURANCE HOLDINGS CORP. | exh106aeolusmulti-year2cat.htm |
| EX-10.2 - EXHIBIT 10.2 - UNITED INSURANCE HOLDINGS CORP. | exh1022015corecatcontractl.htm |
| EX-10.3 - EXHIBIT 10.3 - UNITED INSURANCE HOLDINGS CORP. | exh1032015toplayer7catcont.htm |
| EX-10.7 - EXHIBIT 10.7 - UNITED INSURANCE HOLDINGS CORP. | exh1072015fhcfamedmentcont.htm |
| 8-K - 8-K - UNITED INSURANCE HOLDINGS CORP. | form8k01jun15reinsurance.htm |
2015-16 Catastrophe Reinsurance Program Structure LAYER 1 $20.0M xs $25.0M (Single Shot) $45.0M $928.2M $1.18B $1.05B LAYER 2 $100.0M xs $25.0M (Single Shot) $376.4M $230.4M LAYER 6 $125.0M xs $25.0M (Single Shot) $145.0M L A Y E R 3 $ 1 0 0 .0 M x s $ 2 5 .0 M (S ing le S hot ) Mandatory FHCF 45% of $631.3M xs $230.4M L A Y E R 4 $ 1 1 5 .0 M x s $ 2 5 .0 M (S ing le S hot ) $861.7M LAYER 5 $125.0M xs $25.0M (Single Shot) 1928 Okeechobee LAYER 7 – SECOND EVENT $95.0M (Single Shot) $1.27B $472.9M Private FHCF 45% of $631.3M xs $230.4M RETURN TIME ¹ $25.0M Since 1900, there has never been a hurricane that would have exhausted UPC’s 2015-16 catastrophe reinsurance program.¹ SEVERITY PROTECTION Either of the 2 most active seasons on record (2004 or 2005) would not exhaust UPC’s 2015-16 catastrophe reinsurance program.¹ FREQUENCY PROTECTION Layers 1-7 “cascade” or “drop” down as coverage is utilized for any number of events until exhausted providing unique: and 1 Return time shown using AIR v15 LT no DS (based on projected 9/30/15 exposures) Our named storm retention for all states excluding Florida is $5 million per occurrence and our retention in Florida drops to $10 million for 2nd and subsequent events. plus 190.0 YR Andrew $130.1M Donna $424.8M All 2004 Storms $313.2M 100.0 YR $895.1M $5.0M RETENTION U/L: $20.0M xs $5.0M ($25M AAD For Florida Only) $5.0M 1st Event Exhaustion Exh. 99.1