Loss Control

Models can be extremely useful tools, but they can never replace an educated, thoughtful human brain.

Models can be extremely useful tools, but they can never replace an educated, thoughtful human brain.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

Ongoing quarreling over the budget in Washington is causing anxiety in the insurance industrymuch more concern, it would seem, than the industrys ability to handle random weather events.

AIR's latest report notes the differences in probabilities of recent cat events when considering their likelihood of occurring globally, rather than the specific region in which they occurred. The modeler also contends that higher cat losses recently stem from increased exposures, rather than more frequent and severe events.

AIR's latest report notes the differences in probabilities of recent cat events when considering their likelihood of occurring globally, rather than the specific region in which they occurred. The modeler also contends that higher cat losses recently stem from increased exposures, rather than more frequent and severe events.