Personal Insurance

Proposal calls for government backed reinsurer US Re, to hold catastrophe risk at lowest cost

A proposal has been published today calling for the establishment of a United States government backed reinsurance entity named US Re, which would be designed to assume natural catastrophe risks at the most extreme tail of the loss distribution, holding catastrophe risk at the lowest cost possible.The proposal made by the Hamilton Project at Brookings Institution, calls for a US federal property reinsurer to be formed, to help in supporting,.. Read More

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