For those interested in managed retreat, the cost of storm damage, uninsurable houses, etc, the Tower Insurance results are quite interesting:
> Tower’s risk‑based pricing strategy continues to reduce portfolio exposure, with the expected average annual loss from flood, landslide, and sea‑surge hazards down 20% on a per‑policy basis and 14% overall-
> Tower has a $45m large events allowance for FY26 and in the first four months of the year recorded three large events-