2018 Financial Stability Report Presentation

The Insurance Sector

b) Risks

1. The risks insurance companies face can be broadly classified into three categories: (i) technical risks; (ii) investment (asset) risks; and (iii) other risks 2. Technical risk that confront the insurance sector in the ECCU are the large and frequent Hurricanes, this raises two potential issues for insurance companies to effectively price premiums and ability to cover these losses