maximum possible loss News

Understanding Commercial Property Underwriting and ‘COPE’

Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The following paragraphs briefly explain each element of COPE. …

Aon Benfield’s Impact Forecasting Releases Updated European Windstorm Model

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched its new European windstorm model. The model, which has been in development for the last three years, “offers an alternative view on this peak zone peril …