Beyond Florida: Cat event hotspots around the globe

21 July 2023

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Vast amounts of time and energy are spent assessing the impact of North Atlantic hurricanes on southeastern US states, but experts believe other geographical cat hotspots could be just as damaging to the industry as a Category 5 hurricane striking Florida’s most developed areas.

Tropical storm risk across Florida and other nearby states such as Georgia, the Carolinas and Louisiana is classic property catastrophe business, and as such it takes up a great deal of focus when considering carriers’ annual cat load possibilities.

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Beyond Florida: Cat event hotspots around the globe

Vast amounts of time and energy are spent assessing the impact of North Atlantic hurricanes on southeastern US states, but experts believe other geographical cat hotspots could be just as damaging to the industry as a Category 5 hurricane striking Florida’s most developed areas.

Uncover exclusive insights tailored for insurance leaders

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Beyond Florida: Cat event hotspots around the globe

Vast amounts of time and energy are spent assessing the impact of North Atlantic hurricanes on southeastern US states, but experts believe other geographical cat hotspots could be just as damaging to the industry as a Category 5 hurricane striking Florida’s most developed areas.

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Uncover exclusive insights tailored for insurance leaders

Topics

Universal ‘seeing more entrants coming into the market’: CEO Donaghy

ILS managers can differentiate on ESG factors: panel

Cyber ILS market 'yet to be tested’: panel

Sponsors routinely weigh cat bonds as part of their risk transfer strategy: panel

Jamaica’s $150mn cat bond prices at upper reach of guidance