Long-range weather forecasts to increase in importance for reinsurers
4th July 2011Many weather and peril re/insurance pricing decisions have tended to be made based on analysis of historical data rather than on forecasts. Historical data has always been seen as the best way to predict weather trends and assess riskiness of a specific peril in a specific geographic location. Forecasts were seen as too inaccurate and […]
Read the full article