Shutterstock.com_150753698/Matej Kastelic

7 September 2025ReinsuranceFaye Waters

SCS were never ‘secondary’, always primary perils: KCC’s Clark

Wildfires are increasing in frequency and severity, pushing demand for reinsurance on specific perils, especially severe convective storms, beyond current supply. Many in the market are revisiting the “secondary peril” label. Karen Clark isn’t.

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