Insurers pressed to “manage down” climate numbers, insiders warn, as US non-renewals top two million
Welcome to The Connected Podcast, your go-to source for the latest news and events shaping the insurance ecosystem. In this episode, we delve into pressing issues and emerging trends redefining the industry landscape. The episode begins with an alarming discussion about the pressure faced by underwriters, reinsurers, and brokers to understate climate risks. A recently leaked memo, "Sounding the Alarm," reveals that some insurers are compelling catastrophe modelers and actuaries to downplay ...