Renewal season is the real stress test for reporting cycles that take weeks instead of days, and boards should use it to find out how far behind their risk reporting actually falls.
Reporting cycles that take weeks instead of days force reinsurance CFOs into a specific strategic decision: keep managing around the delay, or fund the fix that removes it.
When reporting cycles that take weeks instead of days are the norm, the board is reviewing risk that already changed weeks ago, not the risk the reinsurer actually carries today.