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Higher prices driving stabilisation of peak US wind exposures

June 16, 2021

Major insurance and reinsurance companies that had been pulling-back on peak US wind over recent years are being seen to stabilise their exposures in reaction to the higher-priced opportunity coastal risk presents, according to analysts and our sources.

The prolonged softening of property catastrophe reinsurance rates over almost a decade up to roughly 2018 or 2019, saw many of the world’s largest re/insurers pulling back on peak zone risk in US states like Florida, finding rates weren’t sufficient to support the needs of their balance-sheet capital.

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