MS Amlin

We deliver continuity for businesses facing the most complex and demanding risks, in turn promoting prosperity around the world.

Systemic Risk of Modelling in Insurance

In his book The Butterfly Defect, Professor Ian Goldin observes that “Systemic risk cannot be removed because it is endemic to globalisation. It is a process to be managed, and not a problem to be solved.” It is primarily for this reason that Amlin and the Oxford Martin School (OMS) have worked with industry experts to develop a practical and applied method to consider ways of encouraging the quantification, monitoring, reporting and management of the systemic risk of modelling...