Industry Analysis & Industry Trends
Property and casualty (P&C) insurers provide coverage to businesses and households for catastrophic events. Insurers' profitability depends on the frequency and severity of these unanticipated events. In previous years, the insurance industry has been subject to several major weather-related catastrophes, including Hurricane Ike and Hurricane Katrina. As a result, P&C insurers are expected to set aside more capital reserves as a precaution against future catastrophic losses, hurting profitability.... purchase to read more
What is the Natural Disaster Insurance industry?
This industry underwrites (i.e. assuming the risk and assigning premiums) natural disaster insurance policies (not as catastrophe coverage, though). Natural disasters include floods, hurricanes and earthquakes... purchase to read more