The Full Wiki

More info on Catastrophe modeling

Catastrophe modeling: Quiz


Question 1: Cat modeling is especially applicable to analysing risks in the insurance industry and is at the confluence of ________, engineering, meteorology, and seismology.
Life insuranceActuaryCasualty Actuarial SocietyActuarial science

Question 2: ________ (main peril is ground shaking; some models can also include fire following earthquakes and sprinkler leakage damage)
Geotechnical engineeringLandslideS-waveEarthquake

Question 3: Likewise, cat bond investors, investment banks, and bond rating agencies use cat modeling in the pricing and structuring of ________.
BNP ParibasAmerican International GroupCatastrophe bondReinsurance sidecar

Question 4: ________ (main peril is wind damage; some models can also include storm surge)
Tropical cyclone basinsTropical cycloneEye (cyclone)Rain

Question 5: This might help guide an insurer's underwriting strategy or help them decide how much ________ to purchase.
Health insuranceReinsuranceEarthquake insuranceLife insurance

Question 6: Catastrophe modeling (also known as cat modeling) is the process of using ________-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.
Central processing unitLinuxComputerPersonal computer

Question 7: Some cat models allow the user the option of including demand surge in the loss estimates, which is post-event ________.
Keynesian economicsEconomicsMoneyInflation


Got something to say? Make a comment.
Your name
Your email address