Hurricane Milton: A Live Reinsurance Response | TRP #116
Description
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: producer@thereinsurancepodcast.com
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
United States
