Prediction Markets Follow Public Disaster Forecasts, but Catastrophe-Model Updates Leave No Trace
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Large real estate funds can pay less to insure the same disaster risk, giving institutional scale a potentially valuable advantage as property insurance costs rise.
Private insurers absorbing Citizens policies have grown from a marginal presence to a persistent source of catastrophe-bond demand.
New research traces how climate-driven insurance non-renewals can jump from insurer balance sheets into mortgage defaults, falling home values and weaker local economies.