Reinsurers Could Be Underestimating Nat Cat Exposure by 33-50%: S&P

Huge hurricane between Florida and Cuba. Elements of this image furnished by NASA

Analysts at S&P Global Ratings believe that reinsurers could be underestimating their exposure to natural catastrophe risks by between 33% and 50%, despite recent efforts to better incorporate climate change considerations into their business models. A new stress test by the rating agency highlighted the potential for significant volatility in earnings and capital due to… Continue reading Reinsurers Could Be Underestimating Nat Cat Exposure by 33-50%: S&P