Draft guidelines regarding the correct implementation of risk transfer in insurance models.

Draft guidelines will also be produced for updating insurance models Currently insurers use outdated models to access risk or none at all If an adverse event occurs this puts them in a poor position to respond proportionally We will first assess those insurance models that exist and their current deployment This will allow us to replicate andwhere appropriate improve upon existing insurance communication lines In this way human and environmental risk indicators can be adopted into a distribution method for underwriters that is both fitforpurpose and is updated with uptodate scientific outputs