Posts Tagged ‘modeling’



February 20th, 2018

Guy Carpenter on Modeling: Two Views

Posted at 10:45 AM ET

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“Managing Cat Model Change” provides Guy Carpenter’s best practices on model change frequency and management. “To Bend or Blend?” delivers insights on which modeling technique you should use when developing your own view of risk. Continue reading…

January 22nd, 2018

Industry Must Develop Common Cyber Risk Currency

Posted at 1:00 AM ET

morley-speed-final-smc-morley-smMorley Speed, Managing Director and Carolyn Morley, Chairman, Global Casualty

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  • Data integrity and availability as critical as data confidentiality
  • Limited ability to quantify dependency a major cyber inhibitor
  • Challenge to build clearly differentiated cyber portfolio

Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, Managing Director, and Carolyn Morley, Chairman, Global Casualty, Guy Carpenter.

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January 15th, 2018

Interoperability: A Case For Open Source

Posted at 1:00 AM ET

peter-hearn-2-smPeter Hearn, President & CEO

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  • Industry-wide call for increased transparency in cat modeling
  • Interoperability facilitates collaboration of multiple data sources
  • Open source models allow insurers to develop own view of risk

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December 7th, 2017

Scalability Critical to Developing Substantial Terrorism Market

Posted at 1:00 AM ET

c-gibbs-20-smjamie-russell-final-smCharles Gibbs, Managing Director and Jamie Russell, Vice President

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  • Capacity a major limiting factor in expanding remit
  • Small number of players raising aggregation risk
  • Cover not reaching organizations that need it most

Continue reading…

December 6th, 2017

Flood Insurance: The 2018 Market Opportunity

Posted at 1:00 AM ET

hayes_j_bio-sm1kulik-john-sm3Jonathan Hayes, Managing Director and John Kulik, Senior Vice President

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  • The U.S. insurance industry is actively seeking new opportunities for growth in a challenging market by identifying untapped customer needs. The potential flood market is over five times the size of the most often mentioned new market, cyber insurance
  • Greater access to flood data and loss results and more reliable exposure modeling are enhancing the flood (re)insurance marketplace
  • Several developments are helping carriers understand and monitor aggregation

Continue reading…

November 29th, 2017

Guy Carpenter Asia-Pacific Climate Impact Centre Publishes Annual Report

Posted at 1:00 AM ET

gcacic_advThe report, covering the Centre’s activities during 2016, is divided into five sections.

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October 25th, 2017

Industry must develop common cyber risk currency – GC@BB Commentary

Posted at 6:15 AM ET

morley-speed-final-smc-morley-sm

Morley Speed, Managing Director and Carolyn Morley, Chairman, Global Casualty

Contact

  • Data integrity and availability as critical as data confidentiality
  • Limited ability to quantify dependency a major cyber inhibitor
  • Challenge to build clearly differentiated cyber portfolio

Continue reading…

October 25th, 2017

Scalability critical to developing substantial terrorism market - GC@BB Commentary

Posted at 3:15 AM ET

c-gibbs-20-smjamie-russell-final-smCharles Gibbs, Managing Director and Jamie Russell, Vice President

Contact

  • Capacity a major limiting factor in expanding remit
  • Small number of players raising aggregation risk
  • Cover not reaching organizations that need it most

Continue reading…

October 16th, 2017

Flood Insurance: The 2018 Market Opportunity - GC@PCI Commentary

Posted at 8:30 AM ET

hayes_j_bio-sm1kulik-john-sm3Jonathan Hayes, Managing Director and John Kulik, Senior Vice President

Contact

  • The U.S. insurance industry is actively seeking new opportunities for growth in a challenging market by identifying untapped customer needs. The potential flood market is over five times the size of the most often mentioned new market, cyber insurance
  • Greater access to flood data and loss results and more reliable exposure modeling are enhancing the flood (re)insurance marketplace
  • Several developments are helping carriers understand and monitor aggregation

Continue reading…