Property insurers in the London, European, and Bermuda markets took on more catastrophe risk between 2012 and 2015 for 1-in-100-year events amid favorable pricing conditions, but drew more of a line at the riskier 1-in-250-year events, according to a recent analysis from ratings firm A.M. Best.
Best evaluated the probable maximum losses (PMLs) for 25 of the largest rated insurers in the field and found that although catastrophe exposure grew, it did not exceed expected levels, given the increased use of alternative capital vehicles.
Read more at http://www.advisenltd.com/2016/04/28/property-insurers-retained-more-cat-risk-best-report-finds/
Erin Ayers, Property insurers retained more CAT risk, Best report finds (April 28, 2016), available with subscription at Advisen Professional Front Page News.
Advisen Ltd. 