Trends in Catastrophe Risk Analytics and Modeling

Recent Catastrophe Risk Trends : 

Recent Catastrophe Risk Trends Presentation by Claude Penland, Associate of the Casualty Actuarial Society

Trends We’ll Cover : 

Trends We’ll Cover Government Investment Insurance Linked Securities Issuance Regulation Partnerships New and Updated Models Wrap Up

Governments looking at Catastrophe Risk : 

Governments looking at Catastrophe Risk Brazil creates Cat Fund http://bit.ly/aFFSlj India may be considering catastrophe bonds http://bit.ly/hNeDZn Ethiopia installing more weather stations http://bit.ly/aZ0tts China http://bit.ly/bWMpdF Crop insurance in China http://bit.ly/9sLxIG Public Sector Catastrophe Risk Management http://bit.ly/dF8WgV

Governments, continued : 

Governments, continued NY cat pool thoughts http://bit.ly/aIOGO5 CA tsunami risk http://bit.ly/bnxFG7 CA gas line risk http://bit.ly/9uvlVb Mozambique weather risk mgmt http://bit.ly/b2oF6h Asia underinsured for cat risk http://bit.ly/acfatP

Catastrophe Risk as an Investment Vehicle : 

Catastrophe Risk as an Investment Vehicle Cayman Islands leading issuer http://bit.ly/bWdr3C Atropos has a new European ILS Fund http://bit.ly/fnY5cc Catco Investment Mgmt formed http://bit.ly/aq5mbH Horton Point ILS Fund http://bit.ly/9oLT0z Secquaero Advisors, ILS inv mgr, enters Australia http://bit.ly/9dh535 Cat Finance emerging discipline http://bit.ly/eM9W7E Hurricane Land Risk Options http://bit.ly/9at9i2 Growing in Middle East http://bit.ly/9WgHFR May grow in Canada http://bit.ly/aN5ikA Growing Worldwide http://bit.ly/bnX8jk Mere thunderstorms now considered in cat bonds http://bit.ly/cia9du

What should be considered when issuing ILS? : 

What should be considered when issuing ILS? Identify risk concentrations Quantify the loss Design structure Engage a placement agent or investment banker Engage a risk modeling firm Decide on loss denomination Choose investment vehicle location Review Execute http://bit.ly/9xpJva

New Cat Risk Underwriters : 

New Cat Risk Underwriters Liberty Syndicates http://bit.ly/aA5Fjm Indian Weather Risk Management market expected to rapidly grow http://bit.ly/dnmGDN

Catastrophe Risk considered in Solvency II regulations : 

Catastrophe Risk considered in Solvency II regulations Solv II expects insurers to be prepared for a $50 Billion cat http://bit.ly/9UENg2 Aon Benfield says II doesn’t acknowledge gains in measurement http://bit.ly/9Dbgt3 Mega Broker says Solvency II could actually be catastrophic for the European insurance industry http://bit.ly/cHHoGz

New Cat Partnerships : 

New Cat Partnerships Institute of Cat Risk Mgmt, Nanyang Tech in Singapore and Aon Benfield have a research partnership http://bit.ly/aiUxrF Global Earthquake Model and OpenGEO partnership http://bit.ly/d6Gsuc Data sharing considered http://bit.ly/akF09x

New or Updated Models : 

New or Updated Models Latin American Flood http://bit.ly/92PpLU Asian Risk Model http://bit.ly/9uZAAe Asian Typhoon Model http://bit.ly/9aJPWd European Cyclone http://bit.ly/ce93PF European Wind Risk Model http://bit.ly/a8b8Ea Earthquake hot spots http://bit.ly/bdvhzW Largest US earthquake simulator planned http://bit.ly/9tKpB1 UK sea level risk http://bit.ly/dCU4Yx US pandemic risk http://bit.ly/aRYBJJ Philippines http://bit.ly/9zxsBP

Additional Catastrophe Risk Background : 

Additional Catastrophe Risk Background An introduction to Volcanoes and Earthquakes http://bit.ly/gOAlDF Academic Weather Risk papers http://bit.ly/eLbR9g Cat Modeling tech http://bit.ly/br1UOL Amateur hurricane tracking http://bit.ly/9Ob4P6

Final Thoughts : 

Final Thoughts US Government could hurt the ILS market with calls for increased regulation and documentation http://bit.ly/9wi8Tr Should you hire an in-house meteorologist? http://bit.ly/cofvM3 CatRisky.com covers daily catastrophe risk news and trends Thank you!