Risk Modeling for Hazards and Disasters
| Author | : | |
| Rating | : | 4.91 (635 Votes) |
| Asin | : | 0128040718 |
| Format Type | : | paperback |
| Number of Pages | : | 338 Pages |
| Publish Date | : | 2013-08-08 |
| Language | : | English |
DESCRIPTION:
Risk Modeling for Hazards and Disasters opens with an introduction to insurance risk modeling data and modeling concepts and then moves on to review innovative ideas from the most well-known vendor firms. This book reviews current model development and science and explains recent changes in the cat modeling space, including new model platforms and new ideas covering uncertainty and big data in the assessment of risk for insurance pricing and portfolio management. The final chapter provides further insight into the shortcomings of current models and examines model risk and ideas to diversify risk assessment. Edited by an expert in both hazards and risk, this book is authored by a global panel including major modeling vendors, modeling consulting firms and well-known catastrophe modeling scientists. Risk Mode
Michel was Managing Director of the largest existing joint venture between science and the financial industry, the Willis Research network, along with heading up model development at Willis in London. Dr. Michel joined the Montpelier Group in July 2012 in order to head up risk analytics, a task that involves innovations in risk management, underwriting strategy, as well as the Montpelier Group's own view of risk and risk modelling
Dr. He has over 29 years of experience in risk management and risk modelling . Michel headed up international cat underwriting at Endurance Specialty Holdings Ltd., in Bermuda; led the windstorm and flood model development at Risk Management Solutions, Inc. Prior to joining the Montpelier Group, Dr. Dr. Michel joined the Montpelier Group in July 2012 in order to head up risk analytics, a task that involves innovations in risk management, underwriting strategy, as well as the Montpelier Group's own view of risk and risk modelling and liaison with external knowledge centres, brokers, and scientists globally. Michel was Managing Director of the largest existing j