Catastrophes : the new math

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<title>Catastrophes</title>
<subTitle>: the new math</subTitle>
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<title>Best's review</title>
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<namePart>Noonan, Brendan</namePart>
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<abstract displayLabel="Summary">Insurance companies started estimating their total losses almost before the wind stopped howling, but the following months brought revision upon revision. Always upward the numbers grew, defying what the actuaries said should happen. Blowing past every other catastrophe on record, Andrew hit some critical mass at which the enormity of the destruction assured a continued escalation of damage long after the storm had passed. Catastrophes of Andrew's magnitude existed only in computer scenarios proved a poor substitude for the genuine article</abstract>
<note type="statement of responsibility">Brendan Noonan</note>
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<topic>Seguro de riesgos extraordinarios</topic>
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<topic>Catástrofes naturales</topic>
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<topic>Huracán Andrew</topic>
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<topic>Matemática del seguro</topic>
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<topic>Métodos actuariales</topic>
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<identifier type="local">MAP20077100109</identifier>
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<text>Vol. 94 nº 4, August 1993 ; 4 p.</text>
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