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Sunlight Drives Away the Shadows: The Value of Open Source
In its 20-plus years, catastrophe risk modeling had developed nearly insurmountable barriers to alternative views of risk. Except for the largest companies, insurers and reinsurers have had little ...
‘Industry’ Loss Reserve Studies Not Meaningful: Demotech Analysis
Insurance literature is replete with articles, analyses, studies and discussion documents related to industry loss and loss adjustment expense (L&LAE) reserves, the impact of L&LAE reserve ...
Top 10 Insurance Asset Managers Revealed; Market Forces Heighten Competition
Prior to the climactic year of 2008, insurance investment outsourcing had already been growing in a healthy fashion, but the financial crisis and ensuing developments have prompted greater sharing of ...
Are You Ready to Follow the BYOD Trend?
"Bring Your Own Device" (BYOD) is the policy of allowing employees to bring their personally owned devices such as smartphones, laptops and tablets to work in order to access private company ...
Why Open Platforms Are the Logical Next Step for Catastrophe Risk Models
The first generation of catastrophe modeling technology, based on proprietary "black box" models produced by a few vendors, is 25 years old. It's now generally known that despite significant ...
Lessons of a Risk Modeler: RMS CEO Hemant Shah
Not many CEOs are willing to talk publicly about their biggest misfires and what they learn from them. Hemant Shah did not hesitate when confronted with the question. The co-founder and CEO of ...
Hamilton Re Moving Full Steam Ahead With Expansion, Technology Initiatives
"Bursting at the seams." That's the phrase Kathleen Reardon, CEO of Hamilton Re, used to describe the current state of affairs for the company she heads in Bermuda—a description that also captures ...
Third Point Re Has a Game Plan to Win in Any Market, CEO Berger Says
It might not be too surprising to hear a former professional basketball player and coach counsel that one of the keys to winning is having a carefully crafted game plan. That's also the advice that a ...