Above $100 billion for six consecutive years – and the insurance environment is not getting simpler & more related News Here
The GILC review identifies flood, storm, wildfire and catastrophe risks as putting pressure on underwriting, pricing, reinsurance arrangements, product design and affordability of cover in many jurisdictions. In Australia, updated data from the Insurance Council of Australia shows that extreme weather losses are increasing, along with higher average claims costs and significant pressure on supply…
