Property is a hugely important asset class but there are many other extremely valuable assets in the world that can be affected by hurricanes – ships, ports, planes, airports, energy platforms. As well as understanding the impact of NatCat on property is it not about time that the reinsurance industry invested resources, people and knowledge into building a bottom up approach to underwriting, analytics and risk modelling that considers the multi-class nature of NatCat exposures?

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