There’s no such thing as a disaster-resistant place anymore

Rachel DuRose, Vox: “In recent years, reinsurers have dealt with mounting losses globally, and therefore are raising their prices. ‘[The reinsurer] is going to pass those costs on to primary insurance and then the primary insurers are going to pass those costs onto their policyholders,’ Thistlethwaite said. ‘There is some truth that a tranche of your premium is going to be reflective of the international risk environment generally.’”