According to Lloyd's, down counterfactual thinking offers multiple advantages to insurers, "The fact that downside counterfactual events are anchored to actual historical experiences helps to explain the complexity of future risks and the uncertainty models to be developed, to get to know them in greater depth and to communicate them in a more coherent way to the members of the boards of directors, the borrowers, the decision makers, the risk managers, etc. "
Counterfactual disaster risk analysis : reimagining history
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According to Lloyd's, down counterfactual thinking offers multiple advantages to insurers, "The fact that downside counterfactual events are anchored to actual historical experiences helps to explain the complexity of future risks and the uncertainty models to be developed, to get to know them in greater depth and to communicate them in a more coherent way to the members of the boards of directors, the borrowers, the decision makers, the risk managers, etc. "