in a new Best Market Segment Report“Climate, reinsurance and
Climate risk adds an additional layer of uncertainty as it remains the greatest threat to the
“The increasing frequency and severity of global catastrophic events has forced reinsurers to take a more circumspect approach to climate risk,” said
Despite the ongoing recovery, tourism’s contribution to GDP remains below pre-COVID levels and it will likely take years to return to pre-pandemic levels. Despite an improvement in 2021, tourism’s contribution to GDP is still much lower than in 2019.
Consolidated gross premiums among policyholders
To access the full copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=323204.
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