Investor Relations Pricing Theory 2025 Q 2 and Practice 1 • our ability to underwrite and price risks accurately and to charge adequate rates to policyholders; • our ability to establish accurate loss reserves; • the impact of severe weather, other catastrophe events and climate change; • the effectiveness of our reinsurance programs and the continued availability of reinsurance and performance by reinsurers; • the secure and uninterrupted operation of the systems, facilities and business functions and the ...