Validation of New Released Catastrophe Models
- Validation of Hazard Module;
- Validation of Vulnerability Module;
- Validation of Geo-coding Engine;
- Validation of Financial Module;
- Assessment of Materiality of Changes;
- Generation of (Re)Insurers View of Risk.
Catastrophe Model Vendors Evaluation & Comparison
- Evaluation of Model A versus B;
- Comparison of each component of model A versus B;
- Sophisticated blending of model A & B components and results to prepare (re)insurers view of risk.
Preparation of Catastrophe Model Validation Documents
- To prepare documentation.