Frequent changes to catastrophe models : the far-reaching impact

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<dc:creator>Lotz, Liz</dc:creator>
<dc:creator>Schmiesing, Zack</dc:creator>
<dc:date>2012-03-28</dc:date>
<dc:description xml:lang="es">Sumario: The 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
</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/136960.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Catástrofes naturales</dc:subject>
<dc:subject xml:lang="es">Seguro de riesgos extraordinarios</dc:subject>
<dc:subject xml:lang="es">Reaseguro</dc:subject>
<dc:subject xml:lang="es">Gerencia de riesgos</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Frequent changes to catastrophe models : the far-reaching impact</dc:title>
<dc:relation xml:lang="es">En: Emphasis. - New York : Towers Watson, 1987-. - 28/03/2012 Número 1  - 2012 , p. 26-29</dc:relation>
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