Texas Hail Losses Set Record in 2016 December 14, 2016 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 1 Comment December 16, 2016 at 10:38 pm boonedoggle says: Like or Dislike: 0 0Exactly the reason why P/C insurers should have adequate reserves for catastrophic losses or appropriate reinsurance. If actuaries are doing their jobs properly, rates should profitably handle such events. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Exactly the reason why P/C insurers should have adequate reserves for catastrophic losses or appropriate reinsurance. If actuaries are doing their jobs properly, rates should profitably handle such events.