Macro Validation Dataset for U.S. Hurricane Models: A

Abstract
Special Topics (narrow topic or advanced); Public and regulatory acceptance of catastrophe models has been hampered by the complexity and proprietary nature of the models. The outside user is generally dependent on the modeler to demonstrate the validity and reasonableness of model results. Accordingly, we have developed a dataset permitting macro validation- one that would allow a lay person to compare the overall results of a hurricane model to an historical record.
Volume
Winter
Page
217-252
Year
2001
Categories
Financial and Statistical Methods
Extreme Event Modeling
Natural Peril Modeling
Windstorm Models
Actuarial Applications and Methodologies
Ratemaking
Large Loss and Extreme Event Loading
Actuarial Applications and Methodologies
Data Management and Information
Publications
Casualty Actuarial Society E-Forum
Prizes
Management Data and Information Prize
Authors
Douglas J Collins
Stephen P Lowe
Documents