Bank Climate Model “Data Gaps” Requires Investment: BIS
A new report says that banks are better at short-term climate call than the long-term threats.
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Model Updates May Also Push Texas Reinsurance Costs Down Further After Legislative Intervention
TWIA's reinsurance costs are projected to drop further, driven by new legislation and declining modeled loss scenarios for hurricanes.
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Record Canadian Catastrophes Push TD Toward AI and Risk Modeling Updates
TD Insurance overhauls risk modeling with AI after Canadian catastrophe losses reached an unprecedented $8.8 billion in 2024.