RMS Ups Wilma Loss Estimates

October 27, 2005

  • October 28, 2005 at 12:51 pm
    Bob says:
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    The idea of cat modeling is to estimate losses prior to the event. In this case, RMS is \”updating\” estimates after the fact. As far as I\’m concerned, this just shows their software is worthless. They should be saying \”we estimated X prior to the storm & we\’re close.\” What good is an estimate AFTER the event?

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