Insuring catastrophic risk when there’s no historical data
A post sharing a Lawfare article highlights its argument for catastrophe models, technical audits and expert evaluations when insurers lack historical data.
TLDR
A post recommending a Lawfare article quotes its argument that insurers underwriting catastrophic risk with no historical data have “little choice” but to build catastrophe models and rely on technical audits and evaluations performed by domain experts.
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