casualty risk model

A new report published by the Lloyd’s of London insurance and reinsurance market concludes that by underpinning liability catastrophe models with big data techniques, opportunities could be found for the ILS market to get more deeply into casualty risks.

An innovative new risk modelling tool has launched this morning which could help to increase transparency and understanding when modelling casualty risks for insurers, reinsurers and insurance-linked securities (ILS).