GEM Risk Financing flyer

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Information from catastrophe risk models is essential for a wide range of risk financing requirements, including pricing insurance premiums, developing catastrophe bonds, and meeting solvency requirements; but the development and/or licensing of such models can be expensive and oftentimes impractical for many companies. Increased rigor, accuracy, transparency and accessibility of risk models results in greater trust in the model development process and in better understanding of the risk. Having direct access to all of the information in the models and to the model developers also leads to more efficient use of resources and more complete transfer of risk information.