In January, CSFI released our white paper, “Policy Options for a Natural Catastrophe Insurance Program.”  Complementing our natural catastrophe considerations, the Government Accountability Office (GAO) has released a new report on homeowners insurance (GAO-26-107867).  The GAO report outlines eight federal policy options to increase insurance availability and affordability – from a federal government reinsurance program to a federal government property and casualty insurance program – and provides a sampling of stakeholder sentiment on these options.

Internationally, the European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) have published a discussion paper on natural catastrophe risk management promoting a “European natural catastrophe insurance pool supported by a loan-based backstop facility.”   Model simulations “show that pooling risks across countries and perils could reduce overall capital to back the aggregated risk by up to 67% compared to standalone national solutions.”