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The underwriter and the models - solo dances or pas-de-deux? What policy data can tell us about how underwriters use models (2017)
Report
Armstrong, S., Weick, M., Sandberg, A., Snyder-Beattie, A., & Beckstead, N. (2017). The underwriter and the models - solo dances or pas-de-deux? What policy data can tell us about how underwriters use models. [No known commissioning body]

Using a collection of data on some of the catastrophe policies written since 2006 by a major reinsurance organisation, this paper explores how tightly underwriters follow the models and under what conditions they deviate from them.