Catastrophes

White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

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White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

White Mountains has reported that for full year 2024, its investment into the Outrigger Re collateralized reinsurance sidecar, which supports its property and casualty insurance and reinsurance subsidiary Ark, delivered income of $46 million, down 33% on 2023 as catastrophe losses had a far greater impact.As we’ve discussed previously, White Mountains total commitment toward the … Read more

Early Lessons From Helene Show Catastrophes Are Here to Stay, Flood Insurance Vital – Go Health Pro

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Early Lessons From Helene Show Catastrophes Are Here to Stay, Flood Insurance Vital – Go Health Pro

Hurricane Helene made landfall late Thursday, Sept. 26, in the Florida Big Bend, a sparsely-populated 150-mile coastal stretch from Apalachee Bay, south of Tallahassee, to Waccasassa Bay in the south. All told, the population of the area amounts to less than one percent of Florida’s population. But instead of attenuating after landfall, like most storms … Read more

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