Florida’s Citizens Property Insurance Corporation has disclosed details of its proposed risk transfer program for the coming year, which includes a budget of $725 million to fund an additional $4.2 billion of protection.
Tag: risk transfer
Swiss Re to Pass On Climate-Related Price Increases to Insureds: CEO Interview
As the risk transfer industry continues to adapt to the changing climate, Swiss Re is in the process of passing climate-related price increases on to its clients, according to the firm’s Chief Executive Officer (CEO), Christian Mumenthaler. In an interview with CNBC at the 2020 annual World Economic Forum (WEF) in Davos, Mumenthaler discussed the… Continue reading Swiss Re to Pass On Climate-Related Price Increases to Insureds: CEO Interview