Expected loss
Understand how modelled loss metrics are used in pricing and risk communication.
ILS101 helps actuaries and actuarial students connect catastrophe risk, reinsurance, capital markets, expected loss, trigger design, pricing, and portfolio risk transfer.
Actuaries entering ILS need to understand not only expected loss and distributions, but also contract structure, trigger design, investor compensation, reinsurance purchasing, and market behaviour.
Understand how modelled loss metrics are used in pricing and risk communication.
Compare how indemnity, industry loss, modelled loss, and parametric triggers affect payout behaviour.
See how cedants use ILS as part of broader reinsurance and capital management programmes.
Use ILS101 to connect modelling, pricing, triggers, and real-world risk transfer.
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