Notes on Using Property Catastrophe Model Results

Submitted on 27th May 2019

This article will discuss the use of results from popular Property Catastrophe models. It will explain common terms like Occurrence Exceedance Probability (OEP) and Aggregate Exceedance Probability (AEP) and show how these are related to event count and event size ideas. Simulation and the use of multiple models (blending) will also be discussed.

Length of Resource
15 pages
Author
David Homer and Ming Li
Date Published
Resource Type
academic