Risk Modeling Drives Record ILS Market Growth as Models Influence Capital Requirements
Evolving catastrophe risk models are driving record growth in the $121 billion ILS market as updated modeling requirements force insurers to purchase additional coverage, according to Aon.
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California Lawmakers Pass Public Wildfire Catastrophe Model Legislation
SB 429 heads to Governor's desk and would create the nation's first public wildfire risk assessment tool.
Terrorism Risk Models Still Fall Short as Reinsurers “Struggle” With Loss Estimates
Nearly a quarter century following the 9/11 attacks, a new report says critical gaps in current risk modeling capabilities continue to constrain private sector participation in terrorism risk coverage.
