Opinion: Outside the box

The winds of hurricanes Harvey, Irma and Maria have propelled 2017
into being one of the reinsurance market's most expensive years
for catastrophe losses ever.
And yet the scale of rate changes being discussed in response
are relatively modest, a matter of setting back the clocks a couple
of years, if that.
This isn't unexpected. At industry gatherings or conferences
in recent years, every time the question is asked about what scale
of cat loss could turn the reinsurance market,...