Insurer Model Drift Is On BoE's Fast Track In 2024
A letter sent to insurance CEOs last week said that "model drift" had become a priority for the BoE in 2024.
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The Risk Nobody Models and the Losses Shareholders End Up Eating
California allows for more model data, but with restrictions.
Powering AI Is No Longer the Hard Part. Deciding Who Bears the Risk Is.
Also this week: We've never tested the failure of a major life insurer. It may be time to get ready.
Offshore Reinsurance and Why Hurricane Coverage Costs More Than the Risk
Costly capital and limited competition in offshore reinsurance inflate hurricane premiums, and how much homeowners could save if those barriers fall.
