Research

US Flood Insurance

Extract of IRUA Journal of Reinsurance paper on future developments in the private residential flood market.

2Q17 Cyber Newsletter

Latest cyber developments including notable breaches, legal/litigation and regulatory news.

1Q17 Cyber Newsletter

Latest cyber developments including notable breaches, legal/litigation and regulatory news.

Fire Following Terrorism – A Suggested Approach To Estimating Loss Potential

Since 14 US states require that standard commercial fire policies include fire following an act of terrorism, even if terrorism itself is excluded, insurers need a methodology to estimate their potential losses. This paper summarizes one such approach.

4Q16 Cyber Newsletter

Latest cyber developments including notable breaches, legal/litigation and regulatory news.

Catastrophe Model Implementation Uncertainty – China Typhoon Case Study

The importance of exposure data accuracy/completeness and risk characteristics in developing accurate estimated losses.

When the Levee Breaks – Sacramento’s Earthquake/Flood Potential

The implications of Sacramento’s flood and earthquake exposure, to the local population and the wider California economy.

Brazil’s Flood & Droughts – Implications for Local Insurers

A summary of the wide range of climate conditions which interact to form persistent weather patterns, their impact on Brazil, and the implications for insurers.

China’s Natural Hazards – An Introduction

A summary of the science behind five major natural catastrophe exposures – typhoons, monsoons, winter storms, drought and earthquakes- and the implications for insurers.

European Extratropical Cyclones – Implications for Local Insurers

The climatology and effects of Atlantic storms as they impact Europe, including extracts from an Accuweather study on climate signals and storm paths, and the implications for insurers.

Global Climate Influencer –  Arctic Oscillation

A summary of the science behind this phenomenon, its impact on extreme weather conditions in the Northern Hemisphere, and the implications for insurers.

Global Climate Influencers – El Nino Southern Oscillation

The effects and impacts of this most studied climate pattern that emanates from the Pacific Ocean, affects global weather patterns, and the implications for insurers.

Global Climate Influencer – Madden Julian Oscillation

How this climate phenomenon influences heavy rainfall and tropical cyclone patterns from the Indian Ocean and around the world, and the implications for insurers.

Mexico’s Tropical Cyclones – Implications for Local Insurers

An overview of the hurricane climatology for Mexico’s Pacific and Atlantic coasts, the impact on weather phases, and the implications for insurers.

New Madrid Seismic Zone – Implications for Insurers

A summary of the current science and popular perception of the zone and the risks associated with it, and the implications for insurers

Reducing Our Risk:  Innovation for Disaster Preparation

In partnership with rare.org, we reviewed a number of ideas for improving community resilience. Here we showcase the winning entries, together with the general lessons we learned from the experience.

Role of Global Reinsurance In Strengthening Disaster Risk Resilience (GRF)

The Global Reinsurance Forum (of which TransRe is a founding member) highlights the role of an integrated risk management structure (government regulation, improved engineering in addition to (re)insurance) to improve society’s resilience to natural and man-made disasters.

Role of Insurance in Community Resilience (RAA)

The Reinsurance Association Of America’s President, Frank Nutter, highlights both the threat and impact of US natural catastrophes, using a wealth of statistical data, as well as the role of insurance, and recommended developments.