US P&C companies suffered large losses in 2023 not from major catastrophes, but primarily from a series o...
Hurricane Andrew 30 years on: Managing a storm of Florida’s own making - The Insurer
Three decades ago today a tropical depression formed which would eventually become Hurricane Andrew, a storm which would make a Category 5 landfall in Florida...
Three decades ago today a tropical depression formed which would eventually become Hurricane Andrew, a storm which would make a Category 5 landfall in Florida...
Article / 2 years ago
Deconstructing Social Inflation
After the loss creep associated with Hurricane Irma in 2017, (re)insurers are keen to quantify how social inflation could exacerbate claims costs in the future. The challenge lies in...
After the loss creep associated with Hurricane Irma in 2017, (re)insurers are keen to quantify how social inflation could exacerbate claims costs in the future. The challenge lies in...
Article / 2 years ago
Re-evaluating TRIA
The main topic of discussion within the terrorism insurance marketplace currently relates to the U.S. Terrorism Risk Insurance Protection and Reauthorization...
The main topic of discussion within the terrorism insurance marketplace currently relates to the U.S. Terrorism Risk Insurance Protection and Reauthorization...
Article / 4 years ago
Political Headwinds Batter Real-World Rewrite of Flood Insurance - Bloomberg
If it seems like 500-year floods happen far more often than every 500 years, there’s a reason for that: The climate has changed...
If it seems like 500-year floods happen far more often than every 500 years, there’s a reason for that: The climate has changed...
Article / 5 years ago
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap - Insurance Journal
The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low...
The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low...
Article / 5 years ago
Why Long-term NFIP Reform Is a Must
In my recent article in Reactions entitled Why Long-term NFIP Reform is a Must, I looked back at the flood events of 2018 through the lens of the need to reform the National Flood Insurance Program (NFIP)...
In my recent article in Reactions entitled Why Long-term NFIP Reform is a Must, I looked back at the flood events of 2018 through the lens of the need to reform the National Flood Insurance Program (NFIP)...
Article / 5 years ago