Coming Catastrophe Model Updates Are “Positive” For Industry: Conduit Exec
Conduit execs say that planned updates to industry external catastrophe models will bring them up to par with internal models.
Conduit execs say that planned updates to industry external catastrophe models will bring them up to par with internal models.
An update to the insures internal model would reduce its regulatory capital requirement by over NOK 2 billion.
Aon, ISO and academics submitted testimony in favor of North Carolina’s double digit storm insurance rate proposal driven by expected modeled losses.
New analysis says that banks with residential housing loans can withstand increased flood risk, but the insurance-based data could be “smoothing” the risk.