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Lobby Wants Hurricane Model "Transparency"

Lobby Wants Hurricane Model "Transparency"

Debt is causing cat "insurance gap," costal flight cuts Travelers' losses

Jan 24, 2020
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Risk Market News
Risk Market News
Lobby Wants Hurricane Model "Transparency"
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High Debt Is Keeping Developing Countries Underinsured Against Natural Disasters

The counties that could benefit most from insurance structures that would mitigate natural disasters can’t take advantage of the market because they are heavily laden with sovereign debt and shut out of the private market.

According to a paper released this week by the Intern…

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