Opinion > Columns
A word on the minimum catastrophe peril rates

INSURANCE INSIGHTS

IT has been raining cats and dogs on both sides of the Pacific. California has been experiencing unprecedented rains and is currently experiencing record floods. The Philippines, despite the supposed onset of the dry season, is experiencing unseasonal low pressure areas (LPAs) that are bringing rains to the entire country and torrential rains to parts of the Visayas and Mindanao, with the Zamboanga peninsula as the worst hit.