Posts Tagged ‘Catastrophes’



April 23rd, 2015

Review of Flood Peril

Posted at 1:00 AM ET

With the recent release of Guy Carpenter’s G-CAT® Canada flood model, we review earlier GC Capital Ideas stories on the flood peril: 

 

Malaysia Floods: December 2014-January 2015: In response to demand for detailed maps showing the extent of flooding in December 2014 through January 2015, Guy Carpenter activated its CAT-VIEW℠ event response service to produce flood footprints based on unmanned airborne vehicles (UAV) imagery.

Read the article>> 

 

Guy Carpenter Publishes Flood Risks in Asia - A Detailed Study: Guy Carpenter released a new report titled Flood Risk in Asia - A Detailed Study. The report provides an in-depth study of the flood potential in Asia along with the prevention and protection systems in place.

Read the article>> 

 

Guy Carpenter Launches Satellite-based Catastrophe Evaluation Service: Guy Carpenter launched its new satellite-based catastrophe evaluation service, GC CAT-VIEW℠, with the announcement that it has started using the service to provide clients affected by the recent UK floods with initial insured loss estimates.

Read the article>> 

 

Click here to register to receive e-mail updates >>

April 19th, 2015

Guy Carpenter Launches New Public Sector Specialty Practice

Posted at 11:30 PM ET

Guy Carpenter today announced the launch of the Public Sector Specialty Practice. This global team is focused exclusively on the unique risk management needs of governmental agencies and entities.

Continue reading…

April 16th, 2015

Guy Carpenter Launches New G-CAT® Canada Flood Model

Posted at 6:30 AM ET

Guy Carpenter today launched its new G-CAT® Canada Flood Model. In creating the first ever probabilistic flood model for Canada, Guy Carpenter has enabled insurers to assess their exposure to flood, Canada’s most frequently occurring natural hazard.

Continue reading…

April 9th, 2015

The Americas Catastrophe Losses 2014: Part II

Posted at 1:00 AM ET

Regarding tropical cyclone activity, the North Atlantic Basin experienced six hurricanes and two major hurricanes in close agreement with the 1954 to 2013 mean, following a slow start to the season.

Continue reading…

April 8th, 2015

The Americas Catastrophe Losses 2014: Part I

Posted at 1:00 AM ET

The Americas accounted for 57 percent of global losses in 2014, compared to 48 percent in 2013, 87 percent in 2012 and 26 percent in 2011. Man-made incidents included the explosion of an unmanned supply rocket in October in Virginia, the October crash of the Virgin Galactic spaceship in California and the Chevron Phillips refinery fire in Texas in July.

Continue reading…

April 2nd, 2015

Insured Cat Losses – Asia/Australasia – 2014

Posted at 1:00 AM ET

Asia and Australasia endured their share of both natural and man-made catastrophes in 2014 with 23 percent of estimated global insured losses in 2014. Notable events in the region included the disappearance of Malaysian Airlines Flight 370 in the first quarter and the crash of AirAsia Flight 8501 near Indonesia in December.

Continue reading…

March 31st, 2015

Notable Insured Global Losses in 2014

Posted at 1:00 AM ET

Notable insured losses in 2014 included the February snowstorms in Japan, frequent winter storms affecting Europe, flooding in the United Kingdom and a cold, stormy winter in the eastern half of North America. The arrival of spring in the second quarter produced several severe convective outbreaks in the United States and hail and windstorm Ela in Europe. A busy East-Pacific hurricane season brought Hurricane Odile to the Baja Peninsula. In the West Pacific, Typhoon Rammasun affected China, Vietnam and the Philippines.

Continue reading…

March 30th, 2015

Global Catastrophe Overview– 2014

Posted at 1:00 AM ET

2014 was a quiet year, with significant insured losses totaling around USD33 billion. Insured losses were below the ten-year and five-year moving averages of around USD59 billion and USD56 billion, respectively (see graphs below).

Continue reading…

March 19th, 2015

Modeling Beyond Property CAT Risk

Posted at 1:00 AM ET

Here we review recent GC Capital Idea stories on catastrophe models that focus on exposures beyond catastrophe property risk:

Continue reading…

March 18th, 2015

Guy Carpenter Publishes Scenario Risk Report for Asia Pacific Region

Posted at 12:30 AM ET

Guy Carpenter today released a new scenario risk report titled Tsunami Risk from Magnitude 9.4 Earthquake in Manila Trench. The report provides an in-depth study of the tsunami risk from a moment magnitude 9.4 earthquake along the Manila Trench, including the Hong Kong area, Taiwan, Kota Kinabalu, Macau, Manila and Vietnam. Among the regions studied in the report, the worst case scenario predicts the highest risks in southwest Taiwan, specifically up to 4 meters at the Port of Kaohsiung, Taiwan’s principal port and the sixth largest container port in the world.

Continue reading…