Category Archives: Natural Catastrophe

NYIA 2013 Annual Conference: A Few Thoughts on Superstorm Sandy and Northeast Hurricane Risk

I recently delivered a presentation at the New York Insurance Association’s (NYIA) 2013 annual conference, New York’s premier property and casualty insurance industry event, which was held in Lake Placid, New York during May 29th-31st. The conference was attended by close … Continue reading →

2013 Hurricane Season: What Happens if the Big One Hits?

Hurricane Winds (gold)

Last year’s Hurricane Sandy caused approximately $20 billion in insured losses.  Notwithstanding the devastating loss of life and extensive property damage, Sandy was not a true tail catastrophe event from a U.S. perspective.  Continue reading →

Chile Earthquake 3 Years On: The Dust has Finally Settled

Chile quake headline

The 8.8 earthquake that hit the central coast of Chile on 27 February 2010 was the biggest natural disaster that the Chilean general insurance market has ever had to face. Continue reading →

Russian Meteor Begs the Question: Can we Prepare for Asteroid Strikes?

Recently, I met scientists from Imperial College London to discuss whether or not climate change in the Artic is increasing the risk of landslide-triggered tsunamis in the UK. One of those very low-frequency, high-impact risks. Wait for it… Continue reading →

Australian Bushfires: “Dome of Heat” Breaks Temperature Records: Initial Costs Counted


Large parts of central and southern Australia are suffering from a persistent heatwave that has caused catastrophic bushfires across Tasmania, New South Wales and Victoria. They are the worst bushfires to affect the area since ‘Black Saturday’ in 2009, which … Continue reading →

Our Scariest Natural Catastrophe – Unexpected Perfect Storms

Scariest Risks

The scariest risks are the ones that sneak up on people and catch them unprepared. Continue reading →