Impact Forecasting Brings Its Arabian Peninsula Earthquake Model To Simplitium’s Modex Platform
Simplitium®, a global financial services technology provider, today announce that Impact Forecasting, Aon’s catastrophe model development centre, is delivering its Arabian Peninsula Earthquake model on the ModEx platform. This is Impact Forecasting’s second significant model release on ModEx since the integration of its European Windstorm model in 2017. Impact Forecasting’s Arabian Peninsula Earthquake Model provides (re)insurers with a transparent view of their earthquake risk to allow an enhanced understanding of their capital requirements. The model covers Saudi Arabia, Kuwait, UAE,