Evermore dangerous and destructive storms are making for an increasingly difficult wholesale, excess and surplus insurance market. (Illustration by Chelsey Fredlund/ALM)
After weathering the COVID-19 'storm' since early 2020 (and keeping a wary eye on the persistent presence of highly virulent, vaccination-resistant variants), E&S insurance professionals are turning much of their attention to literal storms — natural catastrophe ("CAT") risks that, while not new, are becoming more dangerous, damaging and deadly from one year to the next.
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