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Nat Cat Risk Validation Framework

The Nat Cat Risk Validation Framework Working Party was formed in order to further examine Cat Model Validation

The working party will investigate what a proportionate validation means for Nat Cat risk in the context of:

  • complex external models,
  • available vendor validation and
  • solvency II requirements

Working party members are striving to create:

  • a validation framework document 
  • an online Wiki of tests for practitioners
  • a practical toolkit of tests that can be used to improve trust in Nat Cat model outputs

Outputs:

 

Chair: Junaid Seria
Membership: 19
Established 2015

 

Contact Details

If you want more information about this research working party please contact the Communities Team.

professional.communities@actuaries.org.uk