The model challenge: catastrophe models and Solvency II

In scope

radar

Many insurers rely on models to assess and price catastrophe risk and often these models are supplied by specialist catastrophe modelling firms. Solvency II raises some challenges for insurers in how they use these models and how they are treated within an insurer’s internal model.

Developments and enhancements to catastrophe models will need to be reflected within an insurer’s solvency capital requirements (SCR), but questions remain as to what scale of model change would require such a move.

M

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: