Catastrophe modeling (also known as cat modeling) is the process of using computer-assisted calculations to estimate the losses that could be sustained by a portfolio of properties due to a catastrophic event such as a hurricane or earthquake. Cat modeling is especially applicable to analysing risks in the insurance industry and is at the confluence of actuarial science, engineering, meteorology, and seismology.
Identifier (URI) | Rank |
---|---|
dbkwik:resource/X6Z4qsuyk9ZsEsA_Ymp_8A== | 5.88129e-14 |
dbr:Catastrophe_modeling | 5.88129e-14 |