risk models News
Earthquakes for CEOs: Understanding the Most Recent USGS Report
Every six years the U.S. Geological Survey (USGS) produces an updated set of seismic hazard maps for the United States. These National Hazard Maps show the estimated probabilities of different levels ...
A New Era for Marine Catastrophe Management
While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...
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 ...
Measuring Risk in the Cyber World
Cyber risk is a hot topic in the insurance industry today. Technological innovation and connectivity have fundamentally revolutionized the world we live in and promise new transformations in the ...
Measuring Embedded Portfolio Profit With Predictive Analytics
Predictive analytics rapidly is emerging as a must-have tool in the insurance carrier's arsenal. However, in most common applications, the power of advanced analytics is deployed from the bottom up: ...
A Reinsurer’s Perspective on the Current Catastrophe Modeling Landscape
Charles Dickens couldn't have predicted what has happened in the reinsurance industry the last 10 years. It has been the best of times for coastal inhabitants of the United States, as it has been a ...
What Rating Agencies Really Want to Know About Your Catastrophe Risk
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 ...
Top 10 Questions Boards Should Ask About Enterprise Risk Management
Board members are being asked to play a larger role in risk governance. Regulatory requirements, rating agency criteria and evolving management practices are increasing the volume and frequency of ...