Risk modelling - Underwriter responsibility: Model behaviour

aeroplanes

Models have quickly become a valued tool for underwriters. Matthew Washington examines how the advent of Solvency II could really make them fly.

In the long history of underwriting, risk models are a relatively new development. Nevertheless, they have quickly become indispensable tools for underwriters in the assessment of risk appetite and

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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