Disasters are unwelcome - especially for reinsurers, or so you would expect. Investors certainly think so, dumping their shares after tragic events. But are they missing a trick? Catastrophes are in fact a premium hiking opportunity, as Lex's Richard Stovin-Bradford explains to Stuart Kirk.
For more commentary from the Lex team, visit http://www.ft.com/lex
Related article: http://www.ft.com/cms/s/3/18622e72-e210-11e1-8e9d-00144feab49a.html
http://www.FT.com/