The Risks of Hazard is cruising into the holiday season like all blogs, by piggy-backing on old work. And there is no better way to recycle blogs than to do Top 3 lists! Without any ado at all, here are the top 3 blogs from the last three months.
Topics: Flood Insurance, Insurance Protection Gap, NFIP
Here we are at the end of November, with the HIM storms in the relatively distant past. By now, it should be clear if cat/flood rates would be hardening or not. Especially, one would think, with reinsurance renewals bearing down.
Topics: Flood Insurance, Risk Scoring, NFIP
NFIP Reform Passes the House: What Insurers Need to Know
Posted by Devin Ward on Nov 21, 2017 2:57:06 PM
Topics: Flood Insurance, Insurance Protection Gap, NFIP
As this blog likes to point out, the best way to evaluate flood risk is with risk scoring. We could look back at how it improves underwriting, we could watch it in action, how it works, or go deep into how it works in a specific region (like California’s Central Valley).
Topics: Flood Insurance, Insurance Protection Gap, Canada Flood Risk
This week I’m attending the Singapore International Reinsurance Conference (SIRC), the largest Asian gathering of the reinsurance industry, including brokers and reinsurers, and the cedants who are their clients. The first thing I learned is that reinsurers are rejecting their recent labeling as “traditional reinsurers”, as new “alternative” capital moves into reinsurance. They now prefer to call themselves “professional reinsurers”. Sounds good!
Topics: Flood Insurance, Insurance Protection Gap, Effective Underwriting