American Coastal Insurance Reports $3.8M Q3 Catastrophe Losses From Hurricanes Debby And Helene; $2.4M Retained By AmCoastal, $1.4M By Reinsurance Entity; Expects Positive Net Income For Q3 2024
American Coastal Insurance Reports $3.8M Q3 Catastrophe Losses From Hurricanes Debby And Helene; $2.4M Retained By AmCoastal, $1.4M By Reinsurance Entity; Expects Positive Net Income For Q3 2024
2024 Third Quarter Update:
2024年第三季度更新：
The Company estimates net current accident quarter catastrophe losses incurred stemming from Hurricanes Debby and Helene in the third quarter of 2024 to be approximately $3.8 million, net of tax impacts. $2.4 million of this impact from Helene is retained by AmCoastal, with $1.4 million being retained by the Company's captive reinsurance entity. The Company does not expect losses from Debby or Helene to reach the excess of loss layers of AmCoastal's reinsurance program and expects to deliver positive net income for the third quarter of 2024.
公司估計2024年第三季度因颶風黛比和赫蓮而發生的淨當前出險事故巨額損失約爲380萬美元，淨稅收影響後。赫蓮的240萬美元影響由AmCoastal保留，公司自有的再保險實體保留了140萬美元。公司預計來自黛比或赫蓮的損失不會達到AmCoastal再保險計劃的超額損失層，並預計將在2024年第三季度實現淨利潤。
譯文內容由第三人軟體翻譯。
