Some of the world’s top hurricane scientists met with insurers and delegates at Princeton University recently to talk about the advances being made in modelling a category three hurricane blasting through the New York metropolitan area.
The gathering, organized by the Willis Research Network (WRN), heard how a perfect storm and its accompanying storm surge could [...]

Tags: cat models, Hurricanes, Natural catastrophes

Whenever disaster strikes there is a natural desire to understand the extent of damage and cost implications as well as the scale of human tragedy.
While it may take many months before the full extent of insurance claims are known, the (re)insurance industry, analysts and regulators are keen to know asap how badly each company has been impacted. To [...]

Tags: AIR, cat models, Ike, PCS