
423Catastrophe Modelling
• Analysts with a background in engineering (such as structural engineering) who
will be comfortable with the vulnerability component.
• Mathematicians and actuaries who will be comfortable in running and interpret-
ing the nancial component, especially when it is necessary to test unfamiliar
structures or combine the outputs of a catastrophe model with other more tra-
ditional actuarial models, for example, in pricing complex structures involving
many different lines of business.
Despite the different specialisations, however, professionals in a catastrophe modelling
team will be familiar with all the components of a ...