01. For Catastrophes, Frequency Is Becoming a Bigger Issue

1:43

Recent major weather events have occurred in close succession, but the types of the perils they create is also changing.

 

04. Building New Products Calls for Design, Education, Creation

Introducing greater flood protection means anticipating the specific risks and educating the policyholders as to potential losses.
 

03. Becoming Resilient to Catastrophic Events Means Preparation, Coverage

Many businesses that did not have adequate insurance protection never recovered from the damage and disruption of events such as Superstorm Sandy.
 

05. The Math of Risk: One Plus One Doesn't Always Add Up to Two

Damage from major events can trigger other risks, which can compound losses.

 

10. The Laws of Physics are Immutable, Even for Catastrophic Events

Analysis based on historical anecdotes and patterns is giving way to more precise modeling based on available data combined with a better understanding of the physical world.
Copyright © 2019 A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.