June 6th, 2017

The Challenge in Applying Models Effectively

Posted at 1:00 AM ET

Here we review GC Capital Ideas posts about how (re)insurers are utilizing model applications to improve their understanding of their risk exposure.

Guy Carpenter Sees Market Shift Towards Core Model Strategy: Insurers and reinsurers are increasingly adopting a core model strategy based around a detailed assessment of its capabilities, instead of the multi-model or blended approach as investment in modeling capabilities comes under pressure, says Matthew Eagle, Head of GC Analytics® - International at Guy Carpenter.

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Cat Modelling Challenges in Europe: 2016 marked the 60th year of the Monte Carlo Rendez-Vous. Since the first event in 1957 the insurance world has changed significantly, with economic and insured losses from natural catastrophes such as floods and hurricanes increasing dramatically.

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