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
25 March 2026   A distinct protection gap exists between traditional coverage and AI risk.
Insurance
25 March 2026   Rate softening and weak demand set to test margins into 2026.
Insurance
25 March 2026   Document generation and management, claims processing and triage dominate.