Opinion: Oz floods are not the clean start to the year cat reinsurers need
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Opinion: Oz floods are not the clean start to the year cat reinsurers need

Fiona Robertson
09 March 2022
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Catastrophe reinsurers are already off to a messy start for the year and may have eroded a significant part of their year-to-date Q1 cat budgets as floods are still unfolding in Australia following recent European/UK windstorms.

Both events are much lower in scale than last year’s Winter Storm Uri, but given the industry’s recent track record and the precarious stability of the cat risk market, it will not put the industry in the place it...

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Topics

Opinion Claims and losses Catastrophe losses Re/insurers Catastrophe bonds
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Fiona Robertson
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