New Zealand markets open in 5 hours 40 minutes
  • NZX 50

    11,180.01
    +89.98 (+0.81%)
     
  • NZD/USD

    0.5692
    -0.0037 (-0.64%)
     
  • ALL ORDS

    7,030.90
    +125.60 (+1.82%)
     
  • OIL

    87.68
    +1.16 (+1.34%)
     
  • GOLD

    1,718.00
    -12.50 (-0.72%)
     

Best's Review Examines Challenges and Successes Following Hurricane Andrew

·1-min read

OLDWICK, N.J., August 08, 2022--(BUSINESS WIRE)--A new article from Best’s Review looks at Hurricane Andrew 30 years later. The storm still ranks as one of the most costly to hit the United States, causing some $30 billion in insurance losses in 2021 dollars, and it fundamentally changed the face of the global reinsurance market. Read what industry experts say about the industry developments that took place in its aftermath in "30 Years After Hurricane Andrew, Bermuda Reinsurers, Florida ‘Joined at the Hip.’"

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. The complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2022 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220808005395/en/

Contacts

Patricia Vowinkel
Executive Editor, Best’s Review®
+1 908 439 2200, ext. 5540
patricia.vowinkel@ambest.com