Cyber growth potential huge: XL Catlin

Emerging casualty reinsurance risks could eventually grow to exceed
the current alternative capital supporting the reinsurance market,
according to Greg Hendrick, XL Catlin's reinsurance CEO.
Speaking at InsiderScope New York 2016, Hendrick
highlighted cyber in particular as "the next big wave of the
big risk", but stressed that reinsurers need to "measure,
aggregate and package [these risks] properly".
"We're good at insuring things that exist, but we have
a hard time at intangibles," he commen