Breaking Off The Largest Losses
Cat model "reasonableness" trumps price.
Latest
Markets
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Ackman Pivots From Building to Buying an Insurer
The hedge fund manager is targeting $1B to $3B insurance deals.
Models
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Modeling Challenges Exposed as Los Angeles Fires Drive Record Catastrophe Losses
Models “have not been fully captured” this risk of wildfires, Swiss Re says.
Fires Throw Cold Water On Berkshire's "Float"
Plus, models get the green light in California
Federal Climate Report Challenges Insurance Industry's Extreme Weather Risk Models
A controversial Department of Energy report questioning the scientific basis for predicting worsening extreme weather events has put the federal government at odds with insurance industry assumptions.
