All Cat modelling articles
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NewsWildfire, SCS, and the future of cat modelling – Karen Clark interview
Karen Clark, CEO of Karen Clark & Company (KCC), is a pioneer in catastrophe risk modelling. As the industry faces mounting challenges from wildfires, severe convective storms (SCS), and shifting market conditions, the looks to the future of cat models.
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NewsKCC estimates $28bn insured losses for Palisades, Eaton fires
Insured loss estimate based on high-resolution KCC US Wildfire Reference Model.
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NewsMilton to cost $26bn “best estimate” insured loss – Moody’s RMS
Hurricane Milton will cost insurers and reinsurers somewhere in the range of $22-$36bn, according to Moody’s RMS Event Response.
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NewsMoody’s RMS puts $11bn insured estimate on Helene
Hurricane Helene will cause an insured loss of between $8bn and $14bn, according to the estimate of catastrophe modeller Moody’s RMS.
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NewsNat cat insured bill hits ‘new high’ of $151bn annual loss average – Verisk
Exposure growth is expected to average 7.2%, according to a new report from catastrophe risk data and analytics firm Verisk.
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NewsKCC: What’s causing market disruption and how to fix It
Karen Clark writes on the challenge facing catastrophe modelling, and the need for a major upgrade.
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NewsDebby insured loss capped at $1.5bn – Moody’s RMS
Catastrophe modeller Moody’s RMS’s Hurricane Debby estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding.
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NewsHowden Re and Temblor strike Turkish earthquake partnership
A new research and risk assessment partnership is announced between the reinsurance broker and earthquake cat modeller.
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NewsVerisk estimates Beryl US insured losses in $2-3bn range
The cat modeler’s estimate for Hurricane Beryl is based on industry insured losses to onshore property from wind.
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NewsMoody’s RMS puts €2-3bn insured loss estimate on German floods
Southern Germany is expected to constitute most of this event’s loss, the cat modeler said.
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NewsMoody’s RMS developing point location data for simpler cat models
2024 is tipped to be the hottest year for 100 million years, with droughts and wildfires continuing to be a major threat, according to the cat modeller’s chief research officer.
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NewsIdalia: Moody’s RMS provides $3.5bn insured loss estimate; versus $2.5-4bn Verisk figure
The first major hurricane landfall in Florida’s Big Bend since records began in 1842, Idalia could have been much worse had it taken a different track or not weakened before landfall.
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NewsIdalia impact limited by low population area landfall - Moody’s RMS
Florida’s Big-Bend coastal area is sparsely populated, reducing the impact of Hurricane Idalia, while inland losses are expected to be less than last year’s Hurricane Ian.
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NewsReport tackles climate modelling uncertainty
Regulators have different approaches, resulting in a lack of consistency and hindering re/insurers efforts
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NewsHurricane Ian to cost insurers up to $74 billion - RMS
Estimate reflects insured wind, storm surge, and inland flood impacts for the US with additional NFIP losses up to $10 billion
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NewsAeolus and SUNY collaborate on hurricane prediction
The research will look at the medium-term time forecast horizon, using machine learning techniques
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NewsHurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
