MQP 2017-Projecting the Ultimate Loss of Catastrophic Events

In collaboration with the Hanover Insurance Group, we worked to develop a predictive model that projects the ultimate losses associated with catastrophes. The model we created is interactive and user-friendly. Users are able to select various characteristics that define the parameters for the model. The printable summary report presents graphical views of the expected development patterns over time and additional information regarding the projections. This model can be updated on a daily basis to ensure accuracy and will ultimately aid the catastrophe reserving process at Hanover.