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Using CAT Models to Develop Liability Pricing

Using CAT Models to Develop Liability Pricing

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We know how to estimate the impact of the “next Andrew,” thanks to property catastrophe modeling. But what about the “next asbestos?”

Regular Price: $129.00

Special Price: $99.00

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Date Oct 26, 2017
Time 10:30am Pacific / 1:30pm Eastern
Duration 1 hour
Location Online Webinar
Formats Live
Instructor Joe HarringtonJoe Harrington

We know how to estimate the impact of the “next Andrew,” thanks to property catastrophe modeling. But what about the “next asbestos?” In recent years, researchers have made great strides in developing catastrophe modeling for liability risks. As a result, insurers and reinsurers can begin to price liability exposures they may have reflexively excluded in the past.

In this seminar, attendees will learn about:

  • The origins and development of “casualty cat” modeling, and how it compares and contrasts with property cat modeling;
  • The identification of risk factors for mass tort liability exposures;
  • The quantification of the impact of qualitative developments, such as trends in law; and
  • The incorporation of casualty catastrophe modeling into liability insurance pricing.

Regular Price: $129.00

Special Price: $99.00

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