Wildfire lessons from Q4 earnings – “a secondary risk” no more
*(Re)insurers’ earnings calls suggest wildfire is no longer considered a secondary risk that should be included as part of the load for other perils ** Insurers and reinsurers are both looking to address exposure through increasing pricing or scaling back *** Models cannot be relied on, leading some companies to scramble to improve their own internal capabilities
Mon 4 Mar 2019