Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
While the U.S. will "almost certainly" continue to be the prime destination for "Supercat" events--events that cause insured losses of at least $10 billion--Aon Benfield is warning insurers that Asian countries could also see such events.
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