2020 Insurer catastrophe risk survey

This is a follow up to the 2016 Insurer catastrophe risk survey and investigates how licensed insurers assess their exposure to catastrophe risk. Insurers were asked to provide information on their catastrophe risks in respect of governance, processes for assessment of risks, any modelling undertaken, the controls to limit exposures, and mitigation to reduce the effects of catastrophes. This has allowed us to better understand how insurers are prudently managing their catastrophe exposures, and to monitor changes since the 2016 survey.