Why Convective Storm Models Are Unreliable

In the United States, severe convective storms (SCS)—also known as severe thunderstorms, which can include tornadoes, hail and strong localized wind gusts—cause average annual insured losses of ...

Why Build Your Own Cat Model?

Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...

How to Build Your Own Catastrophe Model

Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...