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As natural disaster losses continue to rise, bridging the so-called protection gap will require strong collaboration between the public and private sectors—not limited to the insurance industry—according to the head of a global organization of insurance supervisors.
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When hurricanes or wildfires hit, the economic toll is immediately apparent — torn-off roofs and scorched homes starkly mark the devastation.
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One of the most successful hedge fund strategies in recent years—insurance-linked securities—is embracing a classic concept that has suddenly surged back into favor.
As natural disaster losses continue to rise, bridging the so-called protection gap will require strong collaboration between the public and private sectors—not limited to the insurance industry—according to the head of a global organization of insurance supervisors.
