China Re’s Goal: Underwrite Belt and Road
China Re’s annual results revel the state-owned insurer’s plans to suppor the global infrastructure project though underwriting and modeling risk.

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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.
New Colorado Wildfire Model Law Takes Effect July 1
Legislation was signed into law last week allowing model use in setting prices, but a wildfire reinsurance backstop was a step too far for lawmakers.