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Panel on the New Modeling Platform Changes

RAA

Orlando, Florida

February 12th, 2014

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Catastrophe Modeling Platform Changes

2014 will be a year of tremendous change, and opportunity, in the catastrophe modeling

space

Cloud, no cloud, open frameworks

Re-architecture, SQL, no-SQL, rebuild, increased efficiencies

This presentation is about maximizing the value provided by catastrophe models and

taking ownership of the modeled results

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How Far We Have Come

2Proprietary & Confidential

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The Flow of Catastrophe Modeling Information

The flow of catastrophe modeling information has a common currency

Insured InsurerBrokerDirect

BrokerRating Agencies

Regulators

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Reinsurer Other CapitalRetro

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Many Modeling Firms Providing Information and Insight

Different levels of information sharing, willingness and ability to provide knowledge and

information to create a sense of ownership, openness and understanding

4Proprietary & Confidential

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The Black Box

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Own the Risk

All views of risk assessment will be the correct view

The opening of the black box will potentially allow users of catastrophe models to

Own the Risk even more so than the can toda but it will not be as eas to do as

6Proprietary & Confidential

it may initially appear

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Our Distinguished Panelists

Richard Attanasio, Vice President, AM Best

Eric M. Nelson, VP of Enterprise Catastrophe Strategy & Analysis, Travelers

Hjrtur Thrinsson, PhD, Senior Corporate Underwriter, Munich Re

7Proprietary & Confidential