Rising Risks, Soaring Costs: How reinsurance markets are influencing home insurance premiums
Rising Risks, Soaring Costs: How reinsurance markets are influencing home insurance premiums Insurance companies purchase reinsurance to manage the growing number of significant and catastrophic claims caused by climate events. Reinsurance allows insurers to transfer some of their concentrated risks, reducing the financial impact of claims that exceed certain thresholds. While previous studies have explored