Wildfires triggered rate hikes


Wildfires triggered rate hikes

Adam Szakmary; Source: Hiscox Re

Some lines of business hit by severe losses such as the wildfires this year have already seen substantial rate increases—but this is the exception rather than the rule, Adam Szakmary, director of underwriting, Bermuda, at Hiscox Re & ILS, told Monte Carlo Today.

Wildfires, Rate hike, Cat losses, Insurance, Reinsurance, Adam Szakmary, Hiscox Re, Bermuda, Monte Carlo 2018, Global

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