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