When the wind blows…
With a month to go before the North Atlantic hurricane season
enters its historically most active phase, the attention of
investors is inevitably turning to determining which firms could
have the most to lose among US property cat reinsurers if a major
storm hits.
The fact that Florida - the peak zone of US wind exposures - has
escaped a major landfalling hurricane since Wilma in October 2005
has not led to complacency among underwriters.
But with Florida wind-exposed reinsurance...
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