Coming Catastrophe Model Updates Are “Positive” For Industry: Conduit Exec
Conduit execs say that planned updates to industry external catastrophe models will bring them up to par with internal models.
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AI Forces Insurers to Rewrite Risk Models, Senate Panel Told
A Senate Banking Subcommittee hearing underscored how artificial intelligence is simultaneously rewriting insurers’ actuarial playbooks and creating new, hard-to-price exposures that must be quantified to unlock reinsurance capital.
