Milton may deplete P&C insurers’ cat budgets, but stay within reinsurers’: S&P
Reinsurance News - Oct 10, 2024
Given that many primary P&C insurers are already near their 2024 catastrophe budgets due to H1 losses, S&P believes Hurricane Milton, along with other weather-related losses, could fully exhaust these budgets. However, reinsurers may still have room in their catastrophe budgets to absorb the...
Recommended Articles
Posted: Oct 03, 2025
Credit rating agency S&P Global Ratings has upgraded its outlook on SiriusPoint Ltd. and its ope...
Posted: Oct 03, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has promoted Bi...
Posted: Oct 03, 2025
S&P Global Ratings has assigned a ‘A-‘ financial strength and long-term issuer credit rati...