Touchstone® provides you with an option to modify ground-up losses based on a set of filter criteria, such as event, geography, exposure characteristics, and more.
In this article, Dr. Jayanta Guin, AIR Chief Research Officer, introduces some key concepts and answers the fundamental questions: What is uncertainty, where does it come from, and how is it treated in models?
This article explains the fundamentals behind the calculation of average annual loss (AAL). An upcoming article will address some common misperceptions and frequently asked questions.