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Reinsurance modelling capabilities added to Simplitium's Oasis powered ModEx
Reinsurance modelling capabilities added to Simplitium’s Oasis powered ModEx
Reinsurance contract modelling capabilities have been added to the Simplitium owned ModEx catastrophe risk modelling platform, which is an independent multi-vendor solution powered by open-source platform Oasis. (more…)
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Cat risk modelling "duopoly" limits re/insurance industry view of risk: Simplitium
Cat risk modelling “duopoly” limits re/insurance industry view of risk: Simplitium
The insurance, reinsurance and insurance-linked securities (ILS) market faces a catastrophe risk modelling duopoly and 30 years after the commercialisation of cat risk models the industry is still dominated by just two vendors, says Simplitium. (more…)
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Updated U.S. wildfire catastrophe risk model released by AIR
Updated U.S. wildfire catastrophe risk model released by AIR
Catastrophe risk modelling firm AIR Worldwide has released an updated version of its United States wildfire risk model, a timely update given the impactful start to the California wildfire season in 2018. (more…)
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AIR launches next-gen reinsurance & ILS modelling tool Touchstone Re
AIR launches next-gen reinsurance & ILS modelling tool Touchstone Re
AIR Worldwide has announced the launch of its awaited next-generation catastrophe risk modelling software solution, Touchstone Re which is designed for estimating the loss potential of reinsurance contracts and portfolios, industry loss warranties, and insurance-linked securities. (more…)
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RMS expands Asia Pacific model coverage, enhances U.S. hurricane & specialty
RMS expands Asia Pacific model coverage, enhances U.S. hurricane & specialty
Catastrophe risk modelling specialists RMS have launched version 18 of their risk model suite, brining with it a raft of additions and expansions, particularly in the Asia Pacific region where new perils have been added including a focus on flood risks. (more…)
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Is the re/insurance industry really prepared for a large tail event?
Is the re/insurance industry really prepared for a large tail event?
It’s been questioned whether the insurance and reinsurance sector is ready for a significant tail event that could cause losses of $150 billion or more, or if the industry is too focused on being ready for the next Katrina. (more…)
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