TWIA Actuarial Committee Spikes Rate Hike: “Not Worth The Hassle”
Despite years of losses and new legislation that broke in their favor, leaders shot down a minimum increase citing “PR problems”
Read next
Terrorism Risk Models Still Fall Short as Reinsurers “Struggle” With Loss Estimates
Nearly a quarter century following the 9/11 attacks, a new report says critical gaps in current risk modeling capabilities continue to constrain private sector participation in terrorism risk coverage.
Bahamas Issues National Standard for Hurricane Models
The Bahamas has established new technical standards for hurricane risk modeling that mandate probabilistic approaches and estimate current annual average losses
