Re/insurers struggling with California wildfire risk despite rate hikes: S&P

19-08-2019

Re/insurers struggling with California wildfire risk despite rate hikes: S&P

istock/frozenshutter

The market for re/insuring California wildfire risk remain in disarray with no consensus on what constitutes adequate rates and little comfort with the risk despite substantial updates to wildfire risk models.


S&P Global Ratings, Report, Catastrophe, Wildfires, Insurance, Reinsurance, Hardeep Manku, UK

Intelligent Insurer