I agree there are opportunities for insurers to cover gaps in coverage in prop cat covers.
But huge coverage gaps also point to unaffordable coverage on high risks that should be targets for exposure mitigation, hazard avoidance, or elimination of the exposure.
More comments later when I read the entire article….
I agree there are opportunities for insurers to cover gaps in coverage in prop cat covers.
But huge coverage gaps also point to unaffordable coverage on high risks that should be targets for exposure mitigation, hazard avoidance, or elimination of the exposure.
More comments later when I read the entire article….
Polar, how will carriers mitigate the Global Cooling going on now?
“The cost of natural disasters has quadrupled”
So has development in high hazard areas. Nasty storms have always been around.