CatNet® data improves profitability for Golden Bear Insurance

In a world where insured losses from natural catastrophes are exceeding $100 billion annually, companies like Golden Bear Insurance need innovative tools to understand the perils affecting the properties they underwrite.

Michael Brown, Golden Bear's Chief Underwriting Officer, uses CatNet® Premium to assess how individual properties are exposed to perils like lightning and inline direct wind, which are two major causes of property damage in California. With that data, his underwriters can make smarter decisions which ultimately lead to improved loss ratios and portfolio profitability.

*Swiss Re*
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.

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