Here we highlight the most popular stories among our GC@APCIA series, which featured our review of critical issues shaping the reinsurance industry. These were the focus of discussions at the recent APCIA Annual Meeting, which was hosted by Guy Carpenter. ... Continue Reading »
Parametric
Modeling Insights
Here we review recent GC Capital Ideas posts covering insights on modeling. Terror: The Role of Technology and Analytics: Terrorism, political violence and other malicious acts differ from other insurable perils in that they are dynamic and adaptive; there is human intent driving the probability and willing the impacts to change. Historic incidents show past trends, but ... Continue Reading »
Parametric Risk Transfer – When Does It Make Sense?
Parametric insurance provides cover for predetermined catastrophic natural events such as an earthquake exceeding a certain magnitude, a hurricane producing a certain wind speed at a location, or a flood reaching into certain areas. The insured buys a predefined amount of protection that will pay out based on predefined terms regardless of the actual loss incurred. Parametric ... Continue Reading »
