XL Bermuda's Galilei cat bonds have helped the insurer reduce its probable maximum loss (PML) from a North American windstorm by 20-30 percent for 2017, according to president of property and casualty Greg Hendrick.
XL Bermuda's Galilei cat bonds have helped the insurer reduce its probable maximum loss (PML) from a North American windstorm by 20-30 percent for 2017, according to president of property and casualty Greg Hendrick.