California Quake Insurer Will “Investigate” Models as Reinsurance Dries Up
The California Earthquake Authority is reviewing its approach to modeling as it faces headwinds in the reinsurance markets.
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Developing nations sell citizenship to fund catastrophe cover and the the NFIP flood policy has solid models and a big price tag.
Few Banks Carry the Majority of Europe’s Increasing Climate Risk: ECB
For banks and insurers, the ECB argues that better loss and climate modeling is needed to prepare for the crisis.
Insurers Should Focus On Range of Climate Scenarios With New Model: RMS
RMS said its new climate model can’t be defined by a “headline” loss number.
