Posts Tagged ‘GC Analytics’



March 4th, 2015

Malaysia Floods: December 2014-January 2015

Posted at 1:00 AM ET

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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February 24th, 2015

2014 Insured Losses Hit Lowest Level in Five Years

Posted at 11:45 PM ET

Guy Carpenter today released its annual Global Catastrophe Review, which reports that insured losses in 2014 were at the lowest level seen since 2009. According to the report, significant insured losses in 2014 totaled approximately USD33 billion, a dramatic drop when compared to the historic insured losses seen in 2011, which totaled approximately USD126 billion.

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January 28th, 2015

Winter Storm – January 26 – 28, 2015 - Update

Posted at 5:15 PM ET

winterstorm-1-28-2015-smllThe intense coastal storm is now clearing Atlantic Canada and steadily weakening. Blizzard and winter storm warnings have been discontinued, although winter weather advisories remain for select areas of New England. This storm lived up to expectations as an intense, impactful, and historic coastal storm, despite challenges on the forecast track and the especially sharp edge of the snow shield. Blizzard conditions with snowfall amounts of two to three feet affected a widespread area of New England and wind gusts exceeded hurricane force in some areas. The strong winds also produced a storm surge with greatest severity to coastal Massachusetts.

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January 27th, 2015

Winter Storm – January 26-27, 2015

Posted at 4:10 PM ET

winterstorm-1-26-27-2015-smallA deep coastal storm formed off the Outer Banks on January 26, 2015 and moved northward to impact many areas of the U.S. Northeast and Atlantic Canada. Blizzard warnings remain active from Rhode Island to Atlantic Canada, according to The National Weather Service (NWS) and Meteorological Service of Canada (MSC). Snowfall rates as high as two to three inches per hour, together with strong winds continue to restrict visibility and impose dangerous travel conditions. Conditions should improve for Boston this afternoon into the evening, and gradually clear from south to north over the next 24 hours or so.

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December 17th, 2014

Guy Carpenter Launches MetaRisk® Reserve™ 4.0

Posted at 5:30 AM ET

Guy Carpenter announced today the launch of MetaRisk Reserve 4.0TM. The latest version of this powerful reserve risk modeling tool delivers improved statistical models and an enhanced user interface.

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October 29th, 2014

Guy Carpenter Publishes Flood Risks in Asia — A Detailed Study

Posted at 4:30 PM ET

Guy Carpenter today 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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October 25th, 2014

Hurricane Seasons That Changed The Industry: Landmark 2005 Hurricane Season

Posted at 7:30 AM ET

Guy Carpenter & Company released Part II of the two-part Ten-Year Retrospective of the 2004 and 2005 Atlantic Hurricane Seasons. Part II focuses on the 2005 hurricane season and the cumulative impacts of both the 2004 and 2005 seasons on the (re)insurance industry as well as the changes made in response to these two landmark seasons from both catastrophe model vendors and rating agencies.

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October 21st, 2014

Hurricane Gonzalo — Update

Posted at 10:32 AM ET

gonzalo-10-20-i-200Hurricane Gonzalo approached Bermuda late Friday as a Category 3 hurricane on the Saffir-Simpson scale, before making direct landfall as a strong Category 2. Maximum sustained winds at landfall were 110 mph according to the U.S. National Hurricane Center (NHC). The hurricane caused widespread structural damage and flooding, with downed trees and power lines. However, damage was less severe than expected, with no reported fatalities or major injuries in Bermuda. After clearing Bermuda, Gonzalo made a close approach to Atlantic Canada, bringing very large waves and storm force winds, but with minimal impacts. Gonzalo is now approaching the northern United Kingdom as a powerful post tropical cyclone, where it is expected to render very heavy rain and gusty winds exceeding 60 mph (100 kilometers per hour) over the next 24 hours.

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October 17th, 2014

Hurricane Gonzalo — Update

Posted at 3:48 PM ET

gonzalo-10-17-i-200Hurricane Gonzalo is now a dangerous Category 3 hurricane on the Saffir-Simpson scale and is expected to make a close approach to Bermuda, with closest approach this evening. Model guidance is in close agreement on this scenario. Gonzalo will be the strongest hurricane to affect Bermuda since Hurricane Fabian (2003), also a Category 3. Tropical storm winds are already affecting the island of Bermuda, and the onset of hurricane conditions is expected this afternoon. A significant surge event can be expected with battering 30 foot waves.

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October 16th, 2014

Hurricane Gonzalo

Posted at 4:11 PM ET

gonzalo-i-10-16-smallHurricane Gonzalo is forecast to make a direct hit or close approach to Bermuda sometime on Friday, most likely as a Category 3 hurricane on the Saffir-Simpson scale. Hurricane and tropical storm force winds extend outward up to 45 miles (75 kilometers) and 150 miles (240 kilometers) from the center of circulation, respectively. After clearing Bermuda, Gonzalo should eventually make landfall in Eastern Atlantic Canada as a strong post-tropical cyclone.

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