Category Archives: Weather risk

Matthew

The deadliest hurricane in 11 years has struck around a fortnight ago. After tearing a path through the Caribbean, across Haiti and Eastern Cuba, through the Bahamas and then along the east coast of the U.S., it was finally absorbed … Continue reading →

Winter storms and hurricanes, all of an afternoon

A forecast given by a long-range climate model differs to that of a short-range weather model, as it expresses the likelihood of all possible outcomes rather than just one solution. Continue reading →

Creative solutions for adverse-weather catastrophes

The recent flooding in Louisiana, by some referred to as the Great Flood of 2016, has been described by the American Red Cross as the worst catastrophe to have hit the United States since Hurricane Sandy. Is my home safe, … Continue reading →

Has hurricane season peaked?

As an ex-weather forecaster, and redoubled through my role working with the Willis Research Network, I have always been involuntarily drawn toward extreme weather. For me, the peak of hurricane season always brings both excitement and anticipation at the prospect … Continue reading →

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Continued industry/academic collaboration will improve understanding of catastrophe risk

Robust interaction among commercial catastrophe model vendors, re/insurers, intermediaries, and academic and government researchers is the best way to ensure our industry has the tools to deal with a changing risk environment. Continue reading →

Could a tsunami wipe out the U.K. coastline?

Tsunami is a risk unlike any other natural catastrophe: it has the potential to dramatically change the landscape in a very short space of time, leaving devastation in its wake. And as an island, the U.K. is potentially vulnerable to … Continue reading →

Noah needs insurance

Insurance is the strand that anchors every family, business and community. Insurance complements and supports best building codes, discourages risky behavior and provides money to rebuild. Continue reading →

Preparing for seasonality, hurricane season and beyond

More understanding of and attention to seasonality in all of its various forms can not only help grow and improve the ILS market but also make the broader (re)insurance markets more effective and efficient. Continue reading →

Dispelling the myth: Hurricane Andrew didn’t happen in an El Niño year

In the 20 or so years that span my reinsurance career the subject of the influence of El Niño–Southern Oscillation (ENSO) on Atlantic hurricanes has often come up. And the topic invariable leads to the following comment “Yes, but didn’t … Continue reading →