Posts Tagged ‘flood’



May 27th, 2015

U.S. Texas and Oklahoma Flooding

Posted at 2:53 PM ET

tx-ok-52715-a-smOrganized thunderstorm clusters produced excessive rainfall over the Memorial Day Weekend, triggering extreme flooding in parts of Texas and Oklahoma. In Houston, Texas, 11 inches of rainfall was unofficially reported between 9 p.m. CDT Monday through 3 a.m. CDT Tuesday. Austin, Texas also experienced seven inches of rainfall.

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May 20th, 2015

Approach of Atlantic Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Atlantic Hurricane Season, we review CAT-i stories covering the major storms from 2014.

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May 13th, 2015

Approach of Eastern Pacific Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Eastern Pacific Hurricane Season, we review CAT-i stories covering the major storms from 2014.

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May 12th, 2015

Approach of Atlantic Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Atlantic Hurricane Season, we review CAT-i stories covering the major storms from 2014. 

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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April 1st, 2015

Insured Cat Losses – Europe/Middle East/Africa – 2014

Posted at 1:00 AM ET

Insured losses for the regions encompassing Europe, the Middle East and Africa accounted for around 21 percent of global insured losses in 2014. The most significant events included the severe convective outbreak (hail and windstorm Ela) that affected areas including Germany, France, Belgium and Austria. A frontal boundary crossing the area initiated severe thunderstorms and supercells. The thunderstorms inflicted damaging wind gusts and hail over a widespread area with reports of hail exceeding seven centimeters (2.8 inches) in diameter and isolated reports of hailstones as large as 12 centimeters (4.7 inches).(1) Estimated insured losses from this event were around USD2.8 billion.(2)

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