Hurricane Milton: A Live Reinsurance Response | TRP #116 episode artwork

EPISODE · Oct 10, 2024 · 44 MIN

Hurricane Milton: A Live Reinsurance Response | TRP #116

from The Reinsurance Podcast · host The Reinsurance Podcast

In this special emergency episode, we dive deep into the unfolding disaster of Hurricane Milton in Florida. Ben and Jerad analyse the potential industry-shifting impact on the reinsurance market, discussing catastrophe modelling, economic losses, and what this means for the future of Florida’s insurance landscape. A critical listen for practitioners. CONNECT WITH US: Say Hello: ⁠[email protected]⁠ Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  OUTLINE & TIMESTAMPS: (00:00) Intro (02:50) Hurricane Size, Trajectory, & Uncertainty (04:33) Expected Losses (07:42) Affected Insurance Value Chain (12:44) Impact on Deals (14:42) Florida Struggles for Coverage (17:10) Claims Handling & the Retro Market (24:30) Modelling (27:55) Local Impact (29:30) Florida Hurricane Catastrophe Fund (33:10) Impact on Alternative Capital (35:35) Climate Change (39:12) Potential for Reneging on FoT

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Hurricane Milton: A Live Reinsurance Response | TRP #116

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