|[August 06, 2014]
A.M.BestTV: Rise of the Super (Risk) Models
OLDWICK, N.J. --(Business Wire)--
This episode of A.M.BestTV examines how a growing appetite
for risk modeling is driving new models, modeling firms and more
inclusive risk platforms, as reported by Kate Smith of Best's Review
magazine. Also interviewed are Claire Souch of Risk Management Solutions
and Jayanta Guin of AIR Worldwide.
In describing risk modeling, Smith said: "Since everyone would like to
have certainty, but unfortunately cannot have it, risk modeling is
designed to evaluate the likelihood of a loss in certain events, such as
earthquakes, hurricanes and natural disasters, with terrorism and
cyber-hacking gaining prominence."
Souch said that she believes the risk management principles that are
applied in the modeling of natural catastrophes also can be applied to
these emerging terror and cyber risks as well. As risk modeling gains
more acceptance, Guin says, "If there are gaps in current solutions
companies would like to use other third party models."
Read Smith's entire article, "The Rise of the Super Models" in the
August edition of Best's Review.
Click here to view this episode: http://www.ambest.com/v.asp?v=model814.
Recent episodes of A.M.BestTV include:
First Monday Leading Analysts , Key Topics: Looks at rising
investment allocations to Schedule BA assets among U.S.
property/casualty and life/annuity companies; the U.S. captive
composite's continued outperformance over its commercial peers and the
potential impact of Mexico's approaching risk-based solvency regime: http://www.ambest.com/v.asp?v=firstmonday814.
Interview: What's Behind the Catastrophe Bond Craze: Florida's
Citizens Property Insurance Corp. (Citizens) launched a $1.5 billion
catastrophe reinsurance bond, the largest in the industry. Meg Green
interviews Jennifer Montero, chief financial officer of Citizens and
examines how the unusual coverage works. Additionally, Best's Review's
Angelo Lewis interviews A.M. Best's Managing Senior Financial
Analyst of Insurance Linked-Securities, Asha Attoh-Okine, on
catastrophe bond activity for the first half of 2014 and how the
deluge of private capital is transforming the reinsurance industry: http://www.ambest.com/v.asp?v=catbonds814.
A.M.BestTV covers exclusive A.M. Best information and
reports, targeted topics and key developments in the (re)insurance
industry every Monday, Wednesday and Friday. Sign up for alerts of
episodes at http://www.ambest.com/multimedia/ambtvsignup.html.
View A.M.BestTV episodes at www.ambest.tv.
A.M. Best Company is the world's oldest and most authoritative
insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS
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