shutterstock_1098837941_-favorita1987
shutterstock/favorita1987
9 October 2019Alternative Risk Transfer

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?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

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 Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Alternative Risk Transfer
17 September 2026   As with life & annuity, so with P&C: make it legible and the flows will take over.
Alternative Risk Transfer
11 September 2026   It’s the logic of re-share deals taken to the limit: Aon’s full reinsurance book.
Alternative Risk Transfer
10 September 2026   Record capital is putting pressure on ILS pricing, but a market still heavily concentrated on US catastrophe risk is creating opportunities for investors seeking diversification, says Peak Re’s Iain Reynolds.