White Paper

Property Losses from Catastrophes Are Getting Worse

Carriers who take an integrated and transparent approach are best equipped to help clients proactively mitigate growing property exposures.
By:

White Paper Summary

Increasing intensity of natural disasters and more unpredictable weather has made managing property exposures more challenging than ever.

Climate scientists say the 2017 hurricane season — the most expensive in U.S. history — could be a harbinger of more severe storms to come. The slowly rising sea level is contributing to more frequent flooding, and NOAA predicts that severe floods are likely to worsen. Wildfires, fueled by parched forests and high winds, are trending up in size as wildfire seasons grow longer.

However, more sophisticated technology and data analysis tools can help risk managers more proactively assess and mitigate their exposures.

To learn more about AXA XL, please visit their website.

AXA XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com.

More from Risk & Insurance

More from Risk & Insurance

Risk Matrix: Presented by Liberty Mutual Insurance

11 Crucial Trends That Are Impacting the Construction Industry Today

Increased hurricanes, opioids, women workers and more are just some of the latest trends driving construction risk.
By: | November 1, 2019




The R&I Editorial Team can be reached at [email protected]