TITLE

Living With Uncertainty

AUTHOR(S)
Ming Lee
PUB. DATE
March 2011
SOURCE
Best's Review;Mar2011, Vol. 111 Issue 11, p82
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on catastrophe risk models which help insurers in managing risk and anticipating losses in the U.S. It investigates how insurers can identify unpredictable and improbable events' negative impact on their businesses. It highlights three faces of uncertainty which are revealed by catastrophe risk models including process risk tool, model risk tool, and embracing uncertainty tool.
ACCESSION #
61232179

 

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