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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.73-3.0%4:00 PM EST
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To: robert b furman who wrote (188173)3/27/2023 4:25:10 PM
From: Logain Ablar  Read Replies (1) of 206758
 
Bob:

The direct insurers insurance, known as reinsurance, has gone up as well. Not just property cat coverage.

I remember when Alicia hit Houston in 83 for a couple of billion. The same storm would be north of $20 billion. Ian last year is $60 billion (insured, plenty of storm surge which is not covered).

Some Florida CAT lines were over 100% this renewal season.
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