Posts Tagged ‘Catastrophe’



October 24th, 2018

A Strategy for Market Volatility: Portfolio Optimization - GC@BB Commentary

Posted at 1:00 AM ET

dhru_jay_1day_matthew_biosnyder_jack_bioJay Dhru, Global Head of Business Intelligence; Matthew Day, Managing Director; Jack Snyder, Managing Director, Ratings Advisory

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  • Rising loss costs and expenses consume an ever larger portion of reserves
  • Optimized portfolio construction as vital as upfront underwriting of a risk
  • Excess capacity is pressuring insurers’ underwriting profitability

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October 22nd, 2018

A Strategic Approach to Profitable Growth - GC@BB Commentary

Posted at 1:00 AM ET

priebe_david_croppedDavid Priebe, Vice Chairman

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  • Availability of rich data sets and analytic solutions enables evaluation of opportunities
  • Companies seeking growth must evaluate their existing distribution channels
  • Drones and self-driving cars present challenges for (re)insurers

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October 16th, 2018

From Threats to Impact: Evolving Risk Concerns in Asia-Pacific

Posted at 1:00 AM ET

_offset_472526_smallIn recent years, there has been an increase across the globe in the scale, diversity and impact of risk events. From cyber-attacks to major hurricanes and floods, and from the US-China trade war to unexpected developments around relations with North Korea, recent norms have been turned upside down and uncertainty reigns.

The Asia-Pacific region has been at the center of many of these developments and businesses operating in the region need to adapt accordingly. Continue reading…

September 13th, 2018

Managing Catastrophe Model Change

Posted at 1:00 AM ET

powers_imelda_71x88Imelda Powers, Senior Cat Management Advisor, Asia Pacific, Global Strategic Advisory

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Incorporating new hazard and claims insights can improve the estimates derived from catastrophe models. By re-analyzing historical events using the latest scientific methods or refining claims with more granular geographical and line of business breakdowns, we can update models with the latest expertise and data. But model changes that yield large swings in loss estimates for frequent events must be carefully scrutinized to understand assumptions and processes in order to truly support ownership of risk. Continue reading…

September 7th, 2018

A Strategic Approach to Profitable Growth - GC@MC Commentary

Posted at 1:00 AM ET

priebe_david_croppedDavid Priebe, Vice Chairman

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  • Availability of rich data sets and analytic solutions enables evaluation of opportunities
  • Companies seeking growth must evaluate their existing distribution channels
  • Drones and self-driving cars present challenges for (re)insurers Continue reading…
June 26th, 2018

North Atlantic Hurricane Season for 2018 – Near Normal But With Uncertainty

Posted at 1:00 AM ET

james-wallerJames Waller, PhD, Research Meteorologist

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With the 2018 North Atlantic hurricane season having commenced on June 1, seasonal outlook providers on both sides of the Atlantic continue to issue predictions. As with any hurricane season, each outlook provider emphasizes the need for proper preparation, since impactful hurricanes have been known to make landfall even during quiet years.

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June 25th, 2018

Volcanic Eruptions: A Complex and Largely Overlooked Risk

Posted at 1:00 AM ET

Delioma Oramas-Dorta, Catastrophe Risk Analyst

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Volcanic eruptions are complex phenomena that may affect populations and economies in ways we may not be familiar with. Large volcanic eruptions can spew ash spreading hundreds or even thousands of kilometers; and deposited ash may damage buildings at different levels, from catastrophic structural damage in extreme cases of significant ash fall accumulation, to abrasion or corrosion of nonstructural elements such as roofs, gutters and cladding.

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May 16th, 2018

Chart: Global Property Catastrophe ROL Index

Posted at 1:00 AM ET

The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018.

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May 2nd, 2018

2018 North Atlantic Hurricane Season; Part I

Posted at 1:00 AM ET

james-wallerJames Waller, PhD, Research Meteorologist

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Seasonal outlook providers continue to issue early predictions for the 2018 North Atlantic hurricane season. The Weather Company (IBM) is expecting a season of near-normal activity. Earlier this month, the Tropical Meteorology Project at Colorado State University (CSU), predicted a season more in line with the 1995-2017 elevated average. Meanwhile, North Carolina State University (NCSU) issued a prediction for above-normal activity, relative to the 1995-2017 average.

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