A model view
Modeling is central to how reinsurance works. Alex Ferguson talks to Matthew Grant - global head of client development at RMS - and Don Parkes, senior director of business solutions at First American Spatial Solutions about the discipline's development.
What was early modeling like?
Grant: Underwriting used to be done by gut instinct. If you go back 100 years, people used tools like fire maps and colour coding for construction to help set their
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