American Coastal Insurance Corp Renews All Other Perils Catastrophe Excess Of Loss Agreement

American Coastal Insurance Corporation ("ACIC" or the "Company") successfully renewed its all other perils catastrophe excess of loss agreement (the "AOP CAT" agreement). This agreement provides coverage for in-force, new and renewal business.

Effective January 1, 2026, ACIC, through its wholly owned insurance subsidiary American Coastal Insurance Company ("AmCoastal"), renewed the AOP CAT agreement. The agreement provides up to $95.6 million of occurrence limit excess of the $10.0 million attachment point to limit the Company's losses from catastrophe loss events other than named windstorms and earthquakes. The Company's retention is $10.0 million per occurrence, net of quota share reinsurance coverage.

The cost of the agreement is approximately $11.4 million, inclusive of reinstatement premium protection. Exclusive of ACIC's retention, the AOP CAT agreement provides coverage of approximately $95.6 million for a first event, or $170.4 million in the aggregate.

In addition to the "AOP CAT" agreement, ACIC, through AmCoastal, renewed its catastrophe aggregate excess of loss agreement (the "CAT Agg" agreement). This agreement provides coverage for in-force, new and renewal business.

Effective January 1, 2026, the CAT Agg provides $40 million of aggregate limit (with a $20 million per occurrence cap) excess of zero after the $40 million annual aggregate deductible has been exceeded. The agreement limits the Company's losses from all catastrophe loss events, including named windstorms, severe convective storms and winter storm events for the full year ending December 31, 2026. The cost of the agreement is approximately $4.9 million.