Record weather-related losses challenge US homeowners insurers in 2024: S&P

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Reinsurance News - Sep 06, 2024

This year is on track to surpass 2023’s record weather-related losses for U.S. homeowner insurers, posing challenges in estimating catastrophe risk charges, according to S&P Global Ratings. U.S. homeowner insurers have faced several years of underwriting losses due to increasing severe weather e...

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