Catastrophe losses are a main driver of property insurance rates across the country. As the effects of a changing climate become more and more tangible, we expect a continued evolution in both coverage terms and rates. Different regions of the country face very different hazards, but virtually every location has exposure to catastrophic weather or geological events. We help companies and private equity investors assess their risk and plan accordingly.

U.S. Catastrophes: 2008 – Present

RBN Can Help
Do your companies have contingency plans in place and adequate insurance coverage in the event of a property loss? As the number of catastrophic events increases, coverage is becoming increasingly specialized and it is important to have a trusted advisor who understands these risks. RBN partners with private equity investors to assess property and portfolio risk due to weather-related events, and we help to address this in diligence so it is adequately contemplated prior to closing a deal.

 

Sources: Insurance Information Institute, Munich Re, Realtytrac, National Centers for Environmental Information
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