Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 March 2018

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The Trading Floor Interview: Karen Clark

16 June 2017

What are the major trends in cat modelling now?

The most significant trend in cat modelling is the industry adoption of new open loss modelling platforms. Open loss models have the same fundamental structure as the traditional cat models, but the model components are visible to the model users, and the model assumptions can be accessed and customised.

For example, primary insurers are utilising their own claims data to refine the open model damage functions to be more reflective of...

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