United States – September 2nd, 2019: Dr. Robert Reville, Praedicat Inc. CEO, talks about risk modelling and how new risk modelling technologies can transform liability underwriting.
The question “What is the next asbestos?” has been asked by casualty insurers since the early 2000s in the aftermath of the biggest run of losses ever sustained by the insurance industry from a single risk in its history. The question reflects a motivation to discover what emerging risks insurers need to look out for next, with the goal being to avoid them. After a $100bn industry loss, seeking to avoid a recurrence is reasonable.
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