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Search results with tag "Catastrophe modeling"
CATASTROPHE MODELING OVERVIEW
www.casact.orgCatastrophe Modeling Industry acceptance soars New models emerge Models come under extreme scrutiny Katrina Northridge Andrew Iniki Hugo Iwa WTC Ike Losses in billions, adjusted to 2013, source: PCS Joplin Sandy
Catastrophe Modeling (for All Practice Areas)
www.actuarialstandardsboard.org2.2 Catastrophe Model—A representation of relationships among events based on statistical, financial, economic, or mathematical concepts and equations used to explain a system, to study the effects of different components, and to derive estimates based upon the future