charles-cooper_xl
Charles Cooper, chief executive of reinsurance for XL Group
10 September 2018Insurance

Age of post cat ‘payback’ over

The concept of ‘payback’ in the aftermath of heavy catastrophe losses has now gone for good, and reinsurers must adjust accordingly, Charles Cooper, chief executive of reinsurance for XL Group, told Monte Carlo Today.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
23 April 2026   Last night saw the winners revealed for Intelligent Insurer’s Cyber Insurance Awards USA 2026 at a glittering awards ceremony at The Union League Club of Chicago.
Insurance
23 April 2026   Falling cyber rates push profitability towards tipping point.
Insurance
23 April 2026   March deceleration caps steepest quarterly slowdown in current softening cycle.