We are a little over a week into the 2026 hurricane season. The forecasters have called it below-normal. And almost in the same breath, they have reminded us to prepare.

That contradiction should not surprise anyone in this room. You are the Insurance Association of the Caribbean. You do not need a meteorologist to tell you that a below-normal season does not mean we are in the clear. You have seen the loss reports. You have assessed the claims. You have watched households wait for repairs, businesses reopen with difficulty, and governments scramble to restore infrastructure long after the cameras leave.