Citizen’s Balks At US Senate Committee Probe Of Insurance Market and Models
In a terse response to questions federal lawmakers — including accusations that legislators are creating market “panic” — the Florida taxpayer-backed insurer says its finances are sound and questions surrounding it risk modeling practices misplaced.
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Disasters Are "Not Very" Bad for Banks
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.
