Tag Archives: Natural Disaster

Risk environment update: Wildfire risk

wildfires

Losses from wildfires have increased exponentially, making more sophisticated analytical solutions necessary to confidently underwrite and price wildfire risk. Continue reading →

From catastrophe to data: The findings of Flood Club

streets flooded around a building

The re/insurance market is ready to embrace academic findings and new technology for risk management. It is clear that there is a surge of interest in climate risk in the financial sector and in catastrophe modeling. Continue reading →

Are you ready for peak 2018 hurricane season?

a car submerged under water

While current predictions indicate a relatively quiet hurricane season, particularly in comparison to last year, it only takes one major hurricane making landfall in a built-up area to create a significant loss, as we saw with Hurricane Andrew in 1992 … Continue reading →

Insights from the Willis Re Flood Club: the weaknesses and strengths of flood modelling

cars in flooded parking lot

When industry experts gathered to consider the state of flood modelling, they discovered a disconnect between theory and reality that can leave insurers under some expensive water. So what’s next for modelling approaches? Insurers are worried about their flood exposure. … Continue reading →

Fostering Resilience in the Asia-Pacific Region

While there are some encouraging signs of greater resilience developing throughout the Asia-Pacific region, disasters such as the April 2015 earthquake in Nepal remind us of how far we have to go. In addition to loss of life, the damage … Continue reading →

Our Scariest Personal Risk – New Natural Disasters

Scariest risks 2014

Perhaps the scariest risk we face on a daily basis is the potential for a possible natural disaster at any time. Who would have thought flooding in the desert was a problem, but Tropical Storm Norbert made Arizonans question their … Continue reading →