you, morning Thank Frank and good everyone.
events, X placement quarter some efforts. one briefly we done since with provide Irma would key talk past I about June on like weather then start an and every As reinsurance color have made landfall, Hurricane additional CAT our on lastly to update
and, newly reported claims remaining handling make quickly the continue events, of course, past as we resolving On CAT claims to the as progress possible. in open
approach Our and continue finish reinsurance our company these day-out and and CAT to staff in-house claims legal our as deliver we for partners, line on the events. day-in for
open As Michael X/XX and the XXX had Florence, approximately as are to near at hurricanes, and each very million be claims and end. year-end. of were $XXX booked the Hurricane Matthew continues single approaching digit claims open same
continued despite remaining Hurricane be successfully that we first new quarter, the to throughout count XXX. claims the On reported to Irma, below down the open fact still claim reduced
This $XX at we filing statute of IBNR for elected this brings to As billion event. of our add X/XX $X.XX new claims, Irma for to million three-year book ultimate the we to to another limitation prepare
hurricane increase As of by the is Irma, the in at Florida fund. point this covered catastrophe in a lifecycle Hurricane ultimate of the reminder, any vast majority
net in did release. of However, booking outlined in this IBNR level as result additional some our exposure
Turning now XQ weather. to
the For XQ part, us for within was most weather plan.
Carolinas. occurring to second Georgia closely occurring early in we and a impacting primarily events, in continue and CAT us primarily However, smaller Alabama, monitor in us and and in two the one mid-January Florida impacting February
our noted we additional release, XXXX million accident we losses, to $X these events. as added As in year an have monitor
update. reinsurance a As
we've nearly reinsurance of partners Over renewal. to discuss reinsurance upcoming the June our course met of our several the past X all with months,
very the As to conducted overall meetings and imagine, and receptive questions of might market most to answer be time our the you were these effort able of put and to directly. appreciative but be their message reinsurance virtually, forth share was forced
the It timing saying at impacts goes begun normal catastrophe are we capacity COVID-XX of the our many without have a to that is felt practice As perspective, effective by already X. from being June be securing of necessary their not on this reinsurance might appreciative unfortunately of pause partners this not reinsurance we of face the and press in longtime an What to is like that all our could renewal we professionalism challenge. be option. more
the will as be any today negotiations in We still progress. pricing are specifics not sharing
However, to reinsurance overall I first it the provide this comments do important feel a high on core few status tower year. for our level event of
via since call, earnings reinsurance first at As our capacity we and in tower pricing Florida and fund receiving our our catastrophe sent with we X for stood year-end been the already for multiyear the market worldwide hurricane locked event proper market have has program. already desired partners core deals, of week over catastrophe the XX% remaining for The during complete. already disclosed authorizations reinsurance its subscriptions, into capacity XXXX been we from reinsurance June the last
As the XX%, we're is our complete of today, way. so percentage on well approaching
turn I'll that, Rob. to it With back
