Counterfactual analysis will help insurers be less reactionary to nat cat events: WTW
Implementing downward counterfactual analysis alongside traditional catastrophe models to consider alternative histories based on near-miss events will help the insurance industry to become more proactive rather than reactive to natural disasters, according to WTW’s Jessica Boyd.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below