Winter storms are a significant, and frequently underestimated, peril costing US insurers more than $7 billion between 2021 and 2025 (Swiss Re). Much of the losses are shouldered directly by carriers and not picked up by catastrophe treaties.
Demex, the secondary peril reinsurance solution provider, has developed a breakthrough working-layer, aggregate reinsurance solution to protect carriers from winter storm losses. The solution is particularly aimed at carriers who are prone to suffering unexpected levels of losses.
Matt Coleman, President, Reinsurance for Demex and Charlie Eadie, Demex’s Chief Growth Officer will discuss:
- How the product works and pricing
- The nuances of modelling for winter storms
- Maximizing credit from rating agencies
- Determining carrier suitability
- Live Q&A
Register now and find out how this new product innovation can benefit your circumstances.
