SCS model updates offer more robust basis for aggregate deals
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SCS model updates offer more robust basis for aggregate deals

ILS investors have fought shy of multi-peril aggs due to low confidence in SCS modelling.

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NOAA SCS Storms Doppler Radar Hurricane NHC Catastrophe.jpg

The update to Verisk’s severe convective storm (SCS) model that was released in June has offered a fresh view of risk to the ILS market, bringing modelled outputs more in line with actual loss experience.

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