Volatility and risk are high for P&C insurers—and for the economy at large. This comes as no surprise to claims professionals and others in the industry; however, knowing what we are up against helps minimize fear while positioning various entities and claims professionals for success amid the varied challenges.
Thomas Holzheu's closing keynote on Friday, May 29th at this year's ACE will help make sense of the trends and takeaways in this chaotic environment and help keep insurers from being caught off guard. Holzheu, head of economic research and consulting for North America at Swiss Re American Holding Corporation, will shed light on the latest data about the market and will help attendees grasp the implications of the market and bring together the information from the whole event so they can move ahead with foresight.
Holzheu will share data gathered by Swiss Re, a leading provider of reinsurance and insurance-based forms of risk transfer. The data highlights an “unprecedented amount of catastrophe losses on the property side,” according to Holzheu. “There were a lot of surprises about where those exposures were located and the frequency of losses.”
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