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Bridging the Climate Reinsurance Gap: Our Investment in Demex
The nature of storms has fundamentally evolved. Climate change (among other factors) has led to an increase in the frequency and severity of not only headline-grabbing catastrophic weather events like hurricanes and wildfires but also secondary perils (e.g. tornadoes, thunderstorms, hail and wind), which are now responsible for the majority of insured losses in the US. Demex offers a unique stop-loss risk transfer solution that prices secondary peril reinsurance risk and settles corresponding claims.