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How to implement an effective and compliant model validation process
Ashish Kwatra and Jennifer (Kang) Khaleghy continue to share their experiences around successful internal model approval programmes with a focus on independent model validation – an area closely scrutinised by the regulator
May's North Atlantic storms set to hit insurers for multi-billion dollar losses
Significant damage reported in the US and Canada
Provinzial NordWest picks Moodys Analytics modelling technology'
The three selected tools will be used for actuarial valuations and investment analysis
Cyber risk still a struggle for insurers
Progress in managing cyber risk exposures is continuing, but are insurers doing enough to convince regulators that they understand what they're doing? Paul Walsh reports
RMS responds to AIR's attack on hurricane risk modelling
Models should consider the most recent science, cat modelling firm argues
Aon launches climate and weather risk initiative
Risk analytics and product structuring on the agenda for broker
Solvency II review could ease insurers' capital up to €10bn
Insurance Europe also warns of “challenging and costly GDPR”
AIR picks fight with RMS over Atlantic hurricane models
Cat modelling quarrel spills into Twitter spat
Guy Carpenter to run ModEx cat modelling system
System operates on open-source Oasis Loss Modelling Framework
The thinking behind Milliman's Mind
Milliman launched its Mind solution for actuarial modelling at the start of this year. Christopher Cundy talks to the lead developer and one of the first users of the innovative solution that bridges the gap to the actuary's favourite tool, Excel