Question for people who know about #insurance or #FinancialModels - why are the estimates from Moody's Analytics and AccuWeather so different? $69 billion between the top of Moody's range and the bottom of AccuWeather's....
Is it because "total damage and economic loss" includes opportunity costs, lost wages, lost tax receipts, etc in addition to property damage per se?
Missed #SFU Actuarial Science professor Jean-François Bégin's talk last month about #financialmodelling? Watch on YouTube to understand how we can use mathematical and statistical techniques to gain insights into future financial scenarios and navigate the complexities of financial markets. https://www.youtube.com/watch?v=RUm88mmXtZE #SFUStatistics #SFUScience #financialmodels #statistics #actuarialscience
Cafe Scientifique: From Data to Dollars: Market Modelling

YouTube
How can financial modelling help individuals and businesses make informed decisions about their investments? Join #SFUStatistics prof Jean-François Bégin next Tuesday, February 27 to explore how mathematical and statistical techniques can empower us to navigate the complexities of financial markets. https://ow.ly/CSPU50QGiJY.. #SFU #SFUScience #financialmodels #statistics #actuarialscience
Café Scientifique February - From Data to Dollars

From data to dollars: A journey through financial modelling Financial modelling involves using mathematical and statistical techniques to unde...

Anyone around here work on #validation of #FinancialModels?

I'm working in an industry tangential to finance, our (modelled, #climate related) data feeds in to #finance #models, and some of our clients are asking for validation, but they… https://mastodon.social/@naught101/109395739671626663

Anyone around here work on #validation of #FinancialModels?

I'm working in an industry tangential to finance, our (modelled, #climate related) data feeds in to #finance #models, and some of our clients are asking for validation, but they don't seem to know what they actually need. So I'm looking for generic financial model validation frameworks that we can take to them instead. Any tips?