Behind the Headlines: Hiscox Re’s Nick Orton on evolving international cat risks
Insurance Insider - Behind the Headlines
<p>We may be in the midst of US hurricane season, but international catastrophe losses can emerge at any moment. </p>
<p>And frequently over the past couple of years, surprise losses have been driven by secondary perils: with Canada, Europe, Dubai and New Caledonia all among the zones of interest this year. </p>
<p>Hiscox Re & ILS’s head of international Nick Orton rebuts the idea that international cat underwriters are not pricing for these secondary perils – but says that remaining on top of these evolving risks is a key challenge. </p>