Tag Archives: cat bonds

Known unknowns

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A new generation of catastrophe models is set to transform our understanding of the uncertainty inherent in risk analysis All catastrophe models are wrong in that they are unable to provide accurate estimates of the probability of...

News review l March 24 2014

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Proposals to purchase $1.5 billion in reinsurance cover for the Florida Hurricane Catastrophe Fund have stalled in the state’s legislature, according to the fund’s COO, Jack Nicholson. Nicholson has previously said that he favours using catastrophe...