6. Syndicated Programs Are a Solution for Non-Peak Peril Insurance Coverage

8. Clients Demand Clarity on Insurers' Risk Assessments

The primary question clients ask is about the insurance company's view of risk, particularly because there is no standard approach to pricing, capacity, or terms and conditions for non-peak perils.

10. Simple Actions by Homeowners Help Boost Community Resilience

As trends continue, policyholders are likely to face higher prices, decreased coverage availability, and increased risk retention through higher deductibles. To mitigate these issues, resilience measures are essential.

5. "Quiet Record Year" Yields Huge Natural Catastrophe Insurance Losses

2023 was a "quiet record year" with $93 billion in total insurance losses related to natural catastrophes, despite no major headline storms.

7. Reinsurance Market Adapts by Focusing on Resilience and Stability

The reinsurance market plays a crucial role in managing and mitigating risks in the insurance industry.