Australia Cyclone Reinsurance Pool Continues to Face Model, Structure Challenges
The Australian government says that its new reinsurance pool -- built to address cyclone risks -- faces conflicts and confusion in modeling and claims parameters.
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Insurers Say Their Tech Exposure Is "Immaterial". Wall Street Isn't So Sure.
Wall Street insurers across earnings calls about software and private credit exposure, suggesting the buy side sees concentration risk the industry hasn't priced.
Xcel Defends Wildfire Plans as Policymakers Push Back
After settling a $650 million claim tied to the Marshall Fire, the utility says that its power shutoff strategy is painful but necessary.
