Hi, Just want to understand the last sentence of this page better. " This can cause issues where large multinational insured risk has one out of thousands of properties in a PML block that is now at its limit." Why is this so?
What they're saying is that if it's only one property in a huge block that's hit the PML, then it may be a bit premature to stop writing business in that block. After all, it's only one property.
