KCC's Clark: Same Models, Different Rules
Karen Clark warns reinsurers and ILS managers that the practice of layering homemade multipliers onto aging catastrophe models is running out of road and explains why AI will tighten the once-dismissed frequency perils faster than the marquee ones.
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Models
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Space Weather Models May Be Measuring the Wrong Risk
A new model of solar-storm risk exposes a fundamental problem: the metric used to measure the hazard may not capture the forces that actually cause trillions of dollars in physical losses.
