Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that it has fully placed its 2026-2027 indemnity based, catastrophe excess-of-loss reinsurance program for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company.

Key highlights of the 2026-2027 catastrophe reinsurance program include:

• Total consolidated cost of approximately $367.5 million, a decrease of $63.2 million from the prior year's renewal cost of approximately $430.7 million.
• External party first event reinsurance tower exhaustion points of approximately $1.865 billion for the Southeast, $1.245 billion in the Northeast, and $1.00 billion in Hawaii. Each reinsurance tower maybe supplemented with limit purchased through affiliate Osprey Re.
• Includes $712 million of multi-year coverage with $550 million through fully collateralized catastrophe bonds and $162 million through the private reinsurance market.
• The loss retention for the Company remains at approximately $50 million for the Southeast and Hawaii, respectively, and $38 million for the Northeast. The retention for each insurance company is expected to be reduced by limit purchased through the Company's affiliate captive reinsurer, Osprey Re.
• Florida Hurricane Catastrophe Fund participation of 90.0%, consistent with the prior year program.
• The entire program is indemnity based,with no parametric covers.