AM Best suggests pretty significant flood protection gap in California from recent storms

Share!

Reinsurance News - Feb 12, 2024

Recent storms in California have caused heavy flooding in the state resulting in significant economic losses, many of which may not be insured, warned David Blades, associate director, industry research and analytics at AM Best. He stated: “After long periods of drought in California over the past c...

Read Full Article

Recommended Articles

Pre-arranged disaster finance hits record high, Centre for Disaster Protection finds

Posted: Dec 17, 2025

The Centre for Disaster Protection, an independent organisation working to strengthen the way the gl...

Swiss Re’s Amitabha Ray on tackling Asia’s protection gap and emerging risks in 2026

Posted: Dec 17, 2025

In a recent Reinsurance News interview, Amitabha Ray, Chief Executive Officer of Swiss Re India bran...

Slide Insurance expects 33% top-line growth for 2025

Posted: Dec 16, 2025

Technology-enabled insurer, Slide Insurance Holdings, Inc. expects to record full-year 2025 gross wr...