Mochida: A Katrina-Level Storm in Florida Will Bankrupt Property Insurers
Koki Mochida · Weekend Special: Elon Recap, Balaji, Chris Dixon, Brian Armstrong, Crypto Day + Thiel Fellows · May 31, 2025 · at 2:44:44
Thiel Fellow Koki Mochida explains the fragility of coastal catastrophe insurance markets amid rising storm frequency and severity.
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“But when the next Hurricane Katrina happens in, you know, Florida, for example, then insurance is just going to be insolvent in many ways.”
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