"Avoiding 'Risk Contagion' in Liability Insurance" in The Risk Report
As casualty catastrophe modeling comes of age, developers and users consider
how best to apply it. This is particularly important for liability insurance
where there is far less third-party information available for assessing
liability risk, which is embedded in proprietary operations generally free from
public scrutiny. In the October issue of The Risk
Report, "Avoiding
'Risk Contagion' in Liability Insurance," Joseph Harrington
discusses such loss-estimating tools and how they compare to those available
for property risk.