NFIP Becomes Political Talking Point as Shutdown Looms
As Congress battles over funding, the National Flood Insurance Program becomes the latest casualties of political brinkmanship.
As Congress battles over funding, the National Flood Insurance Program becomes the latest casualties of political brinkmanship.
Suncorp executives underscored how Australia’s cyclone reinsurance pool is cushioning insurers from catastrophe volatility, even as affordability pressures and climate-driven hazard trends keep risk firmly in focus.
Why uncertainty defines catastrophic risk, how climate change, pandemics, and AI intersect, and why markets alone cannot address these perils.
The more climate mitigation initiatives are pushed to curtail losses from hurricanes and storms, the harder the political and financial pushback.
"Reinsurers are not particularly good at anticipating long-term trends correctly."