10 Notable Train Accidents

Advisen’s casualty loss data includes 11,000 casualty losses of $1 million or more, with a total value in excess of $600 billion. Our loss data experts pulled together 10 notable train accidents that illustrate the potential financial impact of such an event. The incidents highlighted have occurred across the globe and range from $37 million –  $572 million.

Read more at https://www.advisenltd.com/2017/11/01/10-notable-train-accidents/

Advisen Ltd. November 2017. 10 Notable Train Accidents [Industry Report].

Stochastic Modelling of Liability Accumulation Risk

Lloyd’s in collaboration with Arium, published a report that sets out a new data-driven methodology that for the first time allows (re)insurers to model liability exposure probabilistically across their entire portfolios. Advisen provided casualty loss data to support the historical analysis in this paper.

This innovative approach categorizes casualty events based on a company’s business activities – its products and services, operations and infrastructure. This allows insurers to map the economic relationships as products and services move through the economy.

Read more at http://www.advisenltd.com/2017/03/20/stochastic-modelling-liability-accumulation-risk/

This story is an excerpt of the original. The content originally appeared in Advisen White Paper Resources.