All Cover Story articles
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FeaturesDealing with disaster: how to make sure your business is prepared for the worst
When catastrophic weather devastates businesses, insurance alone can’t – or won’t – be enough. Know your exposures and devise mitigation plans now, before it’s too late.
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Catastrophe RiskThe 2008 Atlantic Hurricane Season
During the 2008 hurricane season, the number of tropical storms and hurricanes exceeded long term averages. The year produced two events which resulted in serious damage in the United States; Hurricanes Gustav and Ike, and an unusually strong late storm, Hurricane Paloma. By Peter Dailey
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Catastrophe RiskModelling flood: Approaches & pitfalls
Modelling flood is a complex undertaking, owing to the numbers of variables that need taken into consideration, but the range of models is gradually growing which, together with improvements in mapping, will increase the confidence of insurers and reinsurers. By Rebecca Cheetham
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Catastrophe RiskBeyond tropical cyclones
The potential of climate change to alter the frequency or severity of meteorological risks is not exclusive to tropical cyclones. Other storms may also become more intense, and making property resilient is the only way to reduce losses. By Mark Bove
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Catastrophe RiskWorld Records, Catastrophes and Extreme Value Theory
For curiosity or betting or for insurance and risk management purposes, we often require estimates of how ‘extreme' the values might be over a given time period. By John Birkenhead
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Catastrophe RiskThe US Locations Most Vulnerable to Hurricanes
The entire East and Gulf Coasts of the United States are subject to hurricane damage, but some places are especially vulnerable.
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FeaturesPerformance of Commercial Buildings in Hurricanes
The hurricanes striking land in the US in 2004 and 2005 have provided a wealth of experience on commercial building writes Timothy Reinhold
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Features
From model output to price
Sophisticated methodologies and processes to price catastrophe risk are paramount if reinsurance is to remain a reliable and stable form of capital for clients underwriting in catastrophe exposed area
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Catastrophe Risk
Hurricane, typhoon and hail prone areas
The International Hurricane Research Center in Florida has compiled a list of the 10 most hurricane vulnerable areas in the United States, while CDS Business Mapping has issued a list of the top torna
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Features
Modelling Offshore Energy Risk
Two years of devastating hurricanes pose the question - can offshore energy risk be modelled?
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Features
Reviewing Model Changes
Commercial catastrophe model vendors have made key changes this year to their US hurricane and European windstorm models. Especially for US hurricane, the effect on modelled loss is material.
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Features
Managing Uncertainty in Cat Models
Difficult questions raised by the 2005 hurricane season on the merits of the various types of analyses that underpinned trading decisions continue to worry senior management.
