Construction spending in the United States is on pace to reach about $2.2 trillion this year, even as natural catastrophes cause growing insured losses. Reinsurance, a largely unseen layer of finance, helps make that investment possible by spreading risk.
Reinsurance quietly underpins America’s record construction boom
Construction spending in the United States is on pace to reach about $2.2 trillion this year, even as natural catastrophes cause growing insured losses. Reinsurance, a largely unseen layer of finance, helps make that investment possible by spreading risk.
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