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.

How attitude and behaviour affect our reactions to risk: The gorilla in the room (2014)
Report
Weick, M., & Vasiljevic, M. (2014). How attitude and behaviour affect our reactions to risk: The gorilla in the room. [No known commissioning body]

In this article, Mario Weick, Senior Lecturer in Psychology at the University of Kent and Milica Vasiljevic, Research Associate at the Behaviour and Health Research Unit at the University of Cambridge, discuss insights gained from social, cognitive,... Read More about How attitude and behaviour affect our reactions to risk: The gorilla in the room.

Reasoning about extreme events: A review of behavioural biases in relation to catastrophe risks (2013)
Report
Vasiljevic, M., Weick, M., Taylor-Gooby, P., Abrams, D., & Hopthrow, T. (2013). Reasoning about extreme events: A review of behavioural biases in relation to catastrophe risks. [No known commissioning body]

The present report outlines behavioural biases studied in the literature in relation to the way people reason about and respond to catastrophe risks. The project is led by the Lighthill Risk Network, in collaboration with a team of social and behavio... Read More about Reasoning about extreme events: A review of behavioural biases in relation to catastrophe risks.