Jonathan Collura, president and CEO of Specialty Risk RE
To respond to climate risks and insurability for homeowners, California’s insurance regulator last year decided to allow carriers to include the net cost of reinsurance (NCOR) in their rates. Specialty Risk RE is a reinsurer that aims to stabilize the industry in areas throughout the U.S. seeing increasing natural disasters and insurer pullbacks. Digital Insurance spoke with Jonathan Collura, president and CEO of Specialty Risk RE, about how it assesses risks, works with carriers, and solutions for climate-related insurance issues.
This article is from a longer interview and edited for clarity.