The Bill Is Coming Due For Federal Catastrophe Spending
The federal government's costs tied to catastrophes has exploded over the past decade and may no longer be sustainable.
The federal government's costs tied to catastrophes has exploded over the past decade and may no longer be sustainable.
Conduit execs say that planned updates to industry external catastrophe models will bring them up to par with internal models.
With insurance industry clients like AIG and Allstate already on board, Blackstone says its private credit opportunity is “significant.”
An update to the insures internal model would reduce its regulatory capital requirement by over NOK 2 billion.