Session 2: Exposure Data Requirements for Effective Risk Management

A demonstration exposing major quality gaps in SCOR’s exposure data,  from duplicate coordinates (30,000 sites) and missing construction info (35%) to unrealistic attributes and weak treaty links. Legacy data formats are built for risk transfer no longer fit modern challenges like climate, cyber, and ESG. Bovy called for new minimum standards (e.g. coding for >€500m risks, complete peril data, flexible schemas) to make exposure data truly useful for forward-looking risk assessment, not just cat modelling.