Ian threatens to expose weakness right through the cat value chain
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Ian threatens to expose weakness right through the cat value chain

Hurricane Ian satellite 28 sep 22 11 am .jpg

As sentiment on Hurricane Ian deteriorates in the hours after the storm made landfall, the event threatens to push three different parts of the catastrophe insurance value chain into crisis.

The Florida homeowners’ insurers, catastrophe reinsurers and the ILS market were already to differing degrees challenged before the impact of the storm, and a major loss event will substantially intensify pressure.

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