Model Confidence Rattled In Reinsurance Renewals
In an interview with RMN, Howden’s of Julian Alovisi says the latest reinsurance renewal season continues a multi-year trend of the market questioning the “efficacy” of forward looking models.
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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.