The Exposure Management team within Franchise Performance, is responsible for understanding and managing market aggregation of risks, and produce a number of tools and services to help the market.
Posted by Paul Nunn on Wednesday, February 25th, 2009 at 1:59 pm
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
Posted by Vinay Mistry on Wednesday, February 25th, 2009 at 11:24 am
2008 will be remembered as a year of significant natural catastrophe losses. Munich Re and Swiss Re have suggested industry losses of between USD40-50bn for 2008 alone, with PCS (Property Claim Services) reporting US losses of around USD25bn. Much of the focus has been headline losses, including Hurricanes Ike and Gustav, and these events have [...]
Tags: Financial, Hurricanes, Ike, Large Loss
Posted by Vinay Mistry on Monday, January 12th, 2009 at 4:30 pm
by Dishni Payagalage-Don
Reaching the end of the Atlantic Hurricane season we can stop and reflect at what has been an eventful and record breaking year; five major hurricanes, eight tropical storms and a total of 16 named storms. Pre-season forecasts in December 2007 suggested that we should expect an ‘above average’ season (ie relative [...]
Posted by Paul Nunn on Wednesday, September 10th, 2008 at 1:26 pm
Today is generally considered to be the midpoint and peak of the Atlantic Season in terms of activity and the last two weeks have certainly helped to remind us. So far we have seen 10 named Tropical Storms, 5 Hurricanes and 3 Major (=Cat 3+) Hurricanes. Seasonal forecasters have responded by adjusting their estimates of [...]
Tags: Arthur, Dolly, Fay, Forecasts, Gustav, Hanna, Hurricanes, Ike, TSR
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