Uncertainty Solutions

Extreme Hazards

Encouraging independent debate

What constitutes ‘industry good practice’ for catastrophe modelling within the framework of the Solvency II requirements, pertaining to the approval and use of an Internal Model.
Therefore, the authors have attempted to describe ‘good’ practice, rather
than necessarily the ‘current’ practices.

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A Solar filament had been almost a million km long ((about half a solar radius) and a prominent feature on the Sun visible Dec 6, 2010 before it rotated out of view. Filaments are elongated clouds of cooler gases suspended above the Sun by magnetic forces potentially catastrophic.

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