Weather Risk

The first half of 2023 saw above-average natural catastrophe losses, while secondary perils added further pressure.

Sustainable insurance withstands catastrophic events while enabling insurers to conduct business and plan for the future.

The United Nations estimated 10,100 people remained unaccounted for while an investigation into what caused the collapse of two dams is ongoing.

Wholesale insurers are empowered by the ability to respond to catastrophes with appropriate risk-based pricing.

Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.

The country's natural catastrophe insurance pool reportedly has a limit of $275 million in excess of $25 million.