CAT Risk Management & Modelling Europe 2018

Watch a panel analyzing U.S. hurricane models from the largest independent global CAT risk conference series in Europe:

Replay Contents:

 PART ONE: Introduction of Model and Presenters (Slides 1-2)

  • 3:36 Tom Larsen, principal, industry solutions, insurance and spatial solutions, CoreLogic
  • 9:06 Tom Sabbatelli, senior product manager, RMS
  • 12:35 Stefan Eppert, chief technology officer and co-founder, KatRisk
  • 16:15 Frank Lavelle, principal engineer/vice president, ARA

 20:00 PART TWO: Results and output comparisons

  • 20:30 Objective (Slide 3)
  • 22:54 Comparison Process (Slides 4-5)
  • 23:27 Hypothetical Portfolio Details (Slides 6-7)
  • 26:45 Model Technical Specifications (Slides 8-10)
  • 32:00 Landfall Frequencies (Slides 11-16)
  • 39:36 Portfolio Losses (Slides 17-26)
  • 56:13 Financial Model (Slides 27-29)
  • 1:04:23 Historical Scenarios (Slides 30-34)
  • 1:17:39 Conclusions (Slides 35-36)

Presenters:

  • Leading catastrophe modelling expert Dr. Federico Waisman, SVP and head of analytics at Ariel Re
  • Frank Lavelle, principal engineer/vice president, ARA
  • Stefan Eppert, chief technology officer and co-founder, KatRisk
  • Tom Larsen, principal, industry solutions, insurance and spatial solutions, CoreLogic
  • Tom Sabbatelli, senior product manager, RMS

Topic:

Overview and analysis of the U.S. hurricane models from 2017 events from all the major CAT modeling firms along with commentary on the results and their implications for the industry.

Why:

As global climate continues to change, it’s predicted that while hurricanes may become less frequent, they are likely to be more intense, with stronger winds and extreme precipitation. As communities devastated by hurricanes Harvey, Irma and Maria continue to rebuild, U.S. flood insurance reform has become an urgent priority for both the industry and government institutions.

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