2023 SCS losses were not extreme or surprising, says KCC
Reinsurance News - Jul 19, 2024
While the active 2023 severe convective storm (SCS) season led to higher-than-average insured losses, these losses were not extreme, according to Karen Clark & Company’s (KCC) SCS Model. The KCC US SCS Reference Model offers a realistic depiction of the impacts from SCS events, using advanced si...
Recommended Articles
Posted: Jul 04, 2025
As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for fu...
Posted: Jul 04, 2025
The Natural Disaster Fund (NDF), a public-private partnership managed by Global Parametrics, a Celsi...
Posted: Jul 04, 2025
Atradius, a global provider of credit insurance, bond and surety, collections and information servic...