Financing Catastrophe Losses Amid a Financial Catastrophe: A Growing Challenge
This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, before the National Hurricane Center Conference in Austin, Texas, focuses on the major changes facing catastrophe financing in the midst of the financial crisis and the insurance impacts of the weakening global economy. The presentation notes that policyholders’ surplus has shrunk but capital remains within historic norms. A detailed historical analysis of solvency and capital trends in the property/casualty (P/C) insurance industry is provided. The report also includes a large section on the financial strength of the P/C industry illustrated by charts that have been updated to reflect 2008 financial data. The presentation concludes with a look at important issues and threats that are facing P/C Insurers in 2009.
The following presentation is called "Financing Catastrophe Losses Amid a Financial Catastrophe: A Growing Challenge". It was presented by Dr. Robert P. Hartwig on April 10, 2009.
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