The concept of reinsurance market “payback” – higher premiums that follow major losses – might well be dead.
After all, if you trust the maths of a catastrophe model and don’t think the long-term risk has changed, there’s no reason...
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The concept of reinsurance market “payback” – higher premiums that follow major losses – might well be dead.
After all, if you trust the maths of a catastrophe model and don’t think the long-term risk has changed, there’s no reason...