Insurers play down ‘misuse’ threat of open source cat model framework

technical blocks

Insurers welcomed this week's launch of the Oasis Loss Modelling Framework (LMF), an open source catastrophe risk modelling platform, even as an established modelling firm cautioned it could be "open to misuse".

The inaugural version of the Oasis LMF software was released on February 7. Oasis was formed by a consortium of 21 re/insurers and brokers with the aim of opening up the development of cat models to firms, academics and other interested parties at minimal cost.

The framework is designed

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: