Big data models to help ILS into casualty risks
Saturday, 10 17 2015, Category: Insurance and Reinsurance, Country: World
A new report published by the Lloyd’s of London insurance and reinsurance market concludes that by underpinning liability catastrophe models with big data techniques, opportunities could be found for the ILS market to get more deeply into casualty risks.
The topic of how or when the insurance-linked securities (ILS) market and its investors could get more meaningfully into casualty and liability type risks, or if it even should, is a hot one.
With the disruption that the entry of ILS and third-party capital, from institutional and capital market investors, has caused in the property catastrophe market fresh in people’s minds, thoughts are turning to where ILS investors and managers could or should focus next.