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Frequent changes to catastrophe models : the far-reaching impact

Recurso electrónico / electronic resource
MARC record
Tag12Value
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001  MAP20120012837
003  MAP
005  20120329162751.0
008  120329e20120328usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎328.1
100  ‎$0‎MAPA20120010147‎$a‎Lotz, Liz
24510‎$a‎Frequent changes to catastrophe models‎$b‎: the far-reaching impact‎$c‎Liz Lotz, Zack Schmiesing
520  ‎$a‎The 2011 catastrophe year will certainly be one for the record books. According to estimates by Swiss Re, the industry absorbed over US$108 billion in insured losses globally from over 550 events. But possibly the greatest catalyst for future business implications came not from losses but from the release of catastrophe model vendor RMS RiskLink® version 11.0 North Atlantic hurricane and European windstorm models. The leveraging of extensive data sets from recent windstorm catastrophe activity has resulted in dramatic swings in portfolio loss estimates, forcing the industry to reassess its position and reliance on modeled loss metrics for exposure risk management and underwriting. Because loss estimates pertain to reinsurance strategies as well as capital requirements and dynamic financial analysis, the impact will be far reaching
650 1‎$0‎MAPA20080600204‎$a‎Catástrofes naturales
650 1‎$0‎MAPA20080629755‎$a‎Seguro de riesgos extraordinarios
650 1‎$0‎MAPA20080552367‎$a‎Reaseguro
650 1‎$0‎MAPA20080591182‎$a‎Gerencia de riesgos
7001 ‎$0‎MAPA20100042274‎$a‎Schmiesing, Zack
7730 ‎$w‎MAP20077000932‎$t‎Emphasis‎$d‎New York : Towers Watson, 1987-‎$g‎28/03/2012 Número 1 - 2012 , p. 26-29