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Karen Clark noted that her company's RiskInsight "open platform" currently is the only one in the industry already used by insurers and reinsurers. But what about the Oasis framework, launched by 21 ...
Clark on Catastrophe Modeling: "The tricky thing about cat modeling is it is not all about the science and not all about the software. It is about having the right mix and then making sure that ...
In the face of growing interest in climate change impacts, several big catastrophe modelers said they've heard from more clients interested in receiving climate-related data and they believe the ...
As the founder of AIR, one of the top two modeling companies, and its CEO for 20 years, I spent much of my career informing insurers and reinsurers about catastrophe models and extolling the virtues ...
Karen Clark & Co. is rolling out a new U.S.-focused high-resolution storm surge model. The catastrophe risk company said the new model brings advances to the market including fully transparent ...
In her article, "Why Open Platforms are the Logical Next Step for Catastrophe Risk Models," risk expert Karen Clark explains that an open platform starts with "reference" models for combinations of ...
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 ...
Preparing effective rating agency presentations is important to most companies, but when it comes to articulating catastrophe risk and large loss potential, there can be a disconnect between what ...
For the past two decades, insurers and reinsurers have licensed catastrophe models from AIR, RMS and EQECAT, and each vendor model came with its own front and back end to handle the model input and ...
Karen Clark & Co. (KCC) on Tuesday announced that RiskInsight, the open platform for catastrophe risk management, is now a fully probabilistic loss estimation tool capable of generating ...
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