Resisting the seduction of models

The statistician George E.P. Box’s conclusion in 1987 that “all models are wrong” inspires little hope on first inspection, but he did offer some solace with the rhetorical follow-up “how wrong do they have to be to not be useful?”.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Schroders expert urges reinsurers to integrate ESG into risk management

10 September 2019 Regulations that will push reinsurers to integrate environmental, social and governance (ESG) and climate measures into risk management frameworks and investment are on their way, Ghislain Perisse, head of insurance strategy for Europe at Schroders, told Monte Carlo Today.

Alternative Risk Transfer

Schroders ILS CEO Lohmann mulls new $500m reinsurer as ILS appetite evolves

10 September 2019 Industry veteran Dirk Lohmann, who now heads the insurance-linked securities (ILS) business of global asset management group Schroders, is exploring the possibility of launching a new reinsurer on Bermuda with a minimum of $500 million in capital.

WTW takes 8% growth in broking in Q1, remaining segments lag

Chubb likely to shy away from M&A options for foreseeable future

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

California moves to bolster FAIR Plan as exposures rise 6% in Q1 alone

Juniper Re and ICEYE partner on flood and wildfire data

Inshur taps ex-investment banker as first CFO after ~4x growth in 2023

Zurich North America taps insider for Pro-Fin & cyber leadership

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Resisting the seduction of models

More on this story

Editor's picks

Editor's picks

More articles