by Regitze Ladekarl, FRM | Oct 23, 2023 | Climate Risk, Risk Report
It might not be the most spectacular Florida Man story, but it is one of the more concerning ones. In this year of extreme weather events—September was the warmest on record ever—insurance companies are adapting their business models to what is here and will keep...
by Regitze Ladekarl, FRM | Feb 3, 2013 | General
The last few years have seen significant volatility in the financial markets. This has highlighted a basic issue with the popular simulation models used in financial institutions: models have a hard time catching up with volatility. In other words, these models react...