Search results with tag "Catastrophe losses"
Treatment of Catastrophe Losses in Property/Casualty ...
actuarialstandardsboard.org3.2 Identification of Catastrophe Losses—The actuary should identify, where practicable, the catastrophe losses in the historical insurance data. In doing so, the actuary should consider how accurately the catastrophe losses can be identified, and the extent to which they may have a material impact on the results of the analysis. 2
Treatment of Catastrophe Losses in Property/Casualty ...
www.actuarialstandardsboard.orgMay 01, 2011 · 3.2 Identification of Catastrophe Losses—The actuary should identify, where practicable, the catastrophe losses in the historical insurance data. In doing so, the actuary should consider how accurately the catastrophe losses can be identified, and the extent to which they may have a material impact on the results of the analysis.
GLOSSARY OF REINSURANCE TERMINOLOGY
www.rms-actuary.comCatastrophe Number Whenever a catastrophe occurs which produces losses within a prescribed period of time in excess of a certain amount, the amount of such losses is recorded separately from non-catastrophe losses, is numbered, and may be treated differently in the statistical experience records of the state used in setting rate levels.
U.S. Property & Casualty Insurance Industry
www.naic.orgJul 01, 2019 · After record catastrophe losses in 2017 and above average catastrophe losses in 2018, the market is beginning to show signs of a correction in most lines. eginning in late 2017 and continuing through 2018, the market began to tighten in terms of pricing. According to the most recent market report from The ouncil of Insurance Agents
A Guide to Catastrophe Modeling - RMS
forms2.rms.comlosses at a projected $40bn a year by 2010. Of course the impact of global warming must be factored into the equation, adding to the increasing numbers of climate-linked events and their intensity. Meanwhile, growing risks from terrorism, earthquakes and epidemics mean that in the near future insured catastrophe losses may hit over
Research Update: PartnerRe Ltd., Subs Outlooks …
www.partnerre.comweaken PRE's financial risk profile; •PRE suffers significant catastrophe losses outside of its risk tolerances that materially weaken PRE's earnings and capital adequacy relative to