Even without a historic storm on the books, frequency makes losses severe in 2023.
Urbanization over the past 50 years has increased exposure to risks
Before this purchase, the reinsurer owned 9.88 per cent of the company’s common shares.
Canada 19th among 36 countries identified as being most at risk for higher property damages.
Attachment points, terms and conditions unlikely to be relaxed anytime soon.
Reinsurer examines eight tests in development and examines the implications for insurers.
Modelling, inflation and mortality forecasts discussed in recent outlook presentation.