Open-loss modelling “significant as first cat models” says pioneer


A new generation of catastrophe models could be completely transparent to their users – heralding a seismic change in the way risk models are built and used, which could be as significant a change for the industry as when the very first cat models were built in the early 1980s.

Airmic 2017, Catastrophe, Risk modelling, Karen Clark, Risk management, Karen Clark & Company, UK

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