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Property Catastrophe Insights

Keep reading for essential info on program conceptualization, marketing, placing and servicing programs.

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Posts tagged with risk appetite - risk appetite

NAPCO CEO David Pagoumian discusses abundance and innovation at 2014 NAPSLO Annual Convention

Author SamanthaKimball , 9/23/2014
At last week's NAPSLO Annual Meeting in Atlanta, NAPCO CEO David Pagoumian spoke to WRIN.tv about how the calm year for natural catastrophes is affecting the property E&S insurance market. View the full video for his take on the implications of abundant capital in the reinsurance space and innovations ahead in natural catastrophe modeling.

How to secure greater price reductions in the softening property-cat market

Author SamanthaKimball , 5/9/2014
As detailed in our previous post, we’ve entered a softer market for catastrophe-exposed property insurance, as companies are reducing prices due to an abundance of capital to be deployed and recent profitability. But brokers may be able to secure even greater price reductions for their clients. To do so, you should consider potential ways to restructure the programs, drive carrier competition, and obtain the most complete and accurate data possible for underwriters. Becoming more granular with construction detail can often reduce “modeled expected loss” and drive down prices even further.