Weather Risk

Agents and brokers, insurers and policyholders have all learned from 2017's unrelenting hurricanes and wildfires, and will carry that knowledge with them going forward.

Flood insurance reform discussions include issues around resilient cities and local communities, the NFIP and private flood insurance markets.

With the rise of Insurtech, insurers now have a plethora of tools to assist in field information gathering. This includes the use of apps, SaaS solutions and drones.

Berkshire likely could expect 3% of insured losses for future American mega-catastrophes.

Berkshire likely could expect 3% of insured losses for future American mega-catastrophes.

Multiple record-setting disasters in 2017 highlighted the need to better prepare for the aftermath of catastrophes.