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

Reinsurers face pressure on growing top-line and maintaining margin in 2026: Autonomous

Posted: Dec 24, 2025

After several years of outperformance, European reinsurers’ momentum has stalled, with analysts warn...

Gammon appointed Head of Marine & Aviation, AXIS Global Markets

Posted: Dec 24, 2025

Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS...

Globe Life establishes Bermuda reinsurance affiliate

Posted: Dec 24, 2025

Globe Life Inc., a US-domiciled holding company specialising in life and supplemental health insuran...