Posts Tagged ‘modeling’



August 25th, 2014

European Conference on Earthquake Engineering

Posted at 1:00 AM ET

The 15th European Conference on Earthquake Engineering will take place in Istanbul, Turkey, on August 24 - 29, 2014. This very important event is held every four years and brings together the most renowned experts on seismology, vulnerability, risk and structural and geotechnical engineering. The most recent advances in the field of hazard and risk assessment, loss estimation and seismic design will also be presented and discussed.

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August 21st, 2014

The Terrorism Reinsurance Market

Posted at 1:00 AM ET

Despite the recent spike in terrorist-related activity, evolving capacity and the absence of a major terrorism loss for reinsurers have resulted in a softening terrorism reinsurance market in areas with less perceived risk. Although localized terrorism and political violence activity has impacted certain facultative programs and affected pricing and capacity at the local level, adequate terrorism capacity continues to be available in the reinsurance treaty marketplace for certain countries and territories.

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August 14th, 2014

Guy Carpenter Launches MetaRisk® 7.3

Posted at 6:30 AM ET

Guy Carpenter today announced the release of MetaRisk® 7.3, the latest version of the firm’s premier risk and capital management decision-making tool.

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June 24th, 2014

Uncertainty in Catastrophe Models: How Much of it is Reasonable?

Posted at 1:00 AM ET

franco_guillermo_bioGuillermo Franco, Head of Catastrophe Risk Research - EMEA

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It seems reasonable to expect a degree of uncertainty in catastrophe model results. It is not uncommon, however, for models to produce results that differ by several factors. In order to assess how much of this uncertainty is epistemic, due to our incomplete knowledge of the physical phenomena involved, this existing uncertainty needs to be quantified.

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June 10th, 2014

Enhancing Catastrophe Modeling In the Middle East and North Africa

Posted at 1:00 AM ET

victoria-jenkinsVictoria Jenkins, Managing Director

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The Middle East and North Africa (MENA) region is acknowledged to be a key growth area for (re)insurance. Insurance penetration is rapidly increasing but still has some way to go to reach comparable levels with Europe or the United States. In the period 2003-2012, most countries in the region achieved triple-digit percentage increases in premium volume, with some exceeding 600 percent growth (source: Swiss Re Sigma).

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May 20th, 2014

Guy Carpenter Asia-Pacific Climate Impact Centre Publishes New Annual Report

Posted at 2:00 PM ET

The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of the City University of Hong Kong and Guy Carpenter, today released its fifth annual report presenting the highlights of the GCACIC’s research activities from the past year. The report details the findings of 16 projects conducted by the GCACIC, which focus on climate problems in the Asia-Pacific region as well as on a global scale.

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December 17th, 2013

Models on GC Capital Ideas

Posted at 1:00 AM ET

Here we highlight recent stories that have appeared on GC Capital Ideas on models and modeling

Guy Carpenter Insights on A.M. Best’s 2013 Updates: A.M. Best has recently issued several insurance ratings updates. Guy Carpenter has reviewed those updates and has key insights to help companies better understand their potential impact.

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Uncertainty in Catastrophe Models:  How Much of it is Reasonable?  It seems reasonable to expect a degree of uncertainty in catastrophe model results. It is not uncommon, however, for models to produce results that differ by several factors. In order to assess how much of this uncertainty is epistemic, due to our incomplete knowledge of the physical phenomena involved, this existing uncertainty needs to be quantified.

Read the article >>

 

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November 21st, 2013

Responding to Climate Change: Part II

Posted at 1:00 AM ET

An increasing number of (re)insurers are therefore adopting comprehensive climate change strategies to recognize the potential impact on their businesses. Investing in solutions that help predict the likely effects of global warming on the location, intensity and cost of weather-related catastrophes is critical to acquiring a better understanding of climate change risk.

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October 21st, 2013

Uncertainty in Catastrophe Models: How Much of it is Reasonable?

Posted at 1:00 AM ET

franco_guillermo_bioGuillermo Franco, Head of Catastrophe Risk Research - EMEA

Contact

It seems reasonable to expect a degree of uncertainty in catastrophe model results. It is not uncommon, however, for models to produce results that differ by several factors. In order to assess how much of this uncertainty is epistemic, due to our incomplete knowledge of the physical phenomena involved, this existing uncertainty needs to be quantified.

Continue reading…

September 8th, 2013

Cyber, Climate Change and Space Highlighted as Critical Emerging Risks in Guy Carpenter Report

Posted at 11:00 PM ET

thumbnail-emergGuy Carpenter published a new report highlighting emerging risks facing the (re)insurance sector, including cyber risk, climate change and space risk. The report seeks to identify pressing emerging risks confronting the sector, as well as analyze their implications on businesses and (re)insurers. 

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