After the Wind Blows: Property Reserving in Gulf Coast States

The last several years have brought back catastrophes as a major factor in homeowners reserving. While Florida has gotten much of the press, impacts to other Gulf States such as Louisiana and Texas have also been noteworthy. Texas in particular has borne the brunt of Winter Storm Uri, which will redefine expectations of the potential loss impacts from large freeze events.

Combining with these catastrophe challenges are a range of attritional property trends that produce quite a bit of interest in a traditionally short-tailed line of business. In this session, panelists will take an industry-level view of Gulf Coast property reserving, while also diving into its impacts on the primary companies and reinsurance players navigating today’s market.

  • Date:Monday, September 13
  • Time:5:00 PM - 6:15 PM EDT
  • Session Type:Concurrent Session
  • Session Code:LOB-3
  • Learning Objective 1:Review the major driving factors in Gulf Coast property reserving over the past several years.
  • Learning Objective 2:Analyze the additional variability and volatility that major catastrophe events can inject into traditionally short-tailed lines of business such as property.
  • Learning Objective 3:Understand the changing dynamics of the reinsurance markets in catastrophe-prone areas such as Florida.
  • Level of Knowledge:Level 1: No prior knowledge of the subject
  • Moderator:Laura Maxwell


Arthur Randolph, FCAS
Pinnacle Actuarial Resources, Inc.
Aaron Koch, FCAS
Lee Knepler, FCAS
United Property and Casualty Insurance Company