Natural disaster and other weather risk management news and information for property & casualty insurance professionals. Tips to prepare and minimize insurance losses, as well as weather-related insurance claim updates.
An earthquake that struck the California wine country north of San Francisco and flooding in the U.S. last month caused more than $4 billion in economic losses, according to Aon.
S&P says that reinsurers are taking a huge risk by ruling out the potential that climate change is already impacting their exposure to catastrophic losses.