climate model


Climate change could drive cost of UK floods 42% higher: JBA

The impacts of climate change could drive the economic costs of flooding in the United Kingdom some 42% higher by 2050, according to analysis by specialist flood risk modeller JBA. JBA Risk Management believes the cost of a 200-year flood event could increase by 42% to £5 billion by the middle read the full article →

Cat models don’t properly reflect climate change: RenRe CEO O’Donnell

In comments made this afternoon during the second-quarter earnings call of Bermuda based reinsurance and third-party capital management specialist RenaissanceRe, the company's CEO Kevin O'Donnell said the catastrophe modelling vendors are failing to robustly capture the effects of climate change. O'Donnell's comments suggest a lack of confidence in the commercially available read the full article →

RMS upgrades more catastrophe models to HD, adds climate risk features

Catastrophe risk modelling software specialist RMS has announced a number of its core models transitioning over to High Definition (HD) versions, while also adding more functionality to help users understand the influence of climate change on perils of note to the insurance, reinsurance and ILS market. RMS said that its Europe read the full article →

Investors coming back to the table on climate change: Aeolus’ Fischer

Investors are becoming increasingly engaged in understanding how climate change could affect portfolios of insurance-linked securities (ILS) and the work that is being done at investment managers to understand that, with many taking the time to "come back to the table", according to Aeolus Capital Management's Frank Fischer. Speaking with us read the full article →

Leveraging climate research in ILS decision-making: Aeolus interview

This new Artemis Live video saw us interviewing senior executives at insurance-linked securities (ILS) and reinsurance investment manager Aeolus Capital Management, to discuss their ongoing program of climate risk research and how that is playing into investment decision-making at the firm. Aeolus' Chief Analytics Officer, Frank Fischer and Head of Research, read the full article →

RMS hires Serakos from BMS Re to lead Model Product Management

RMS, the catastrophe risk modelling specialist company, has announced the hiring of reinsurance focused catastrophe analytics specialist Julie Serakos as its new Senior Vice President, Head of Model Product Management. Serakos joins RMS from her most recent role at BMS Re, having spent more than 30 years' working at reinsurance brokers read the full article →

Secondary perils can be “death by a thousand cuts” – Aeolus

Secondary perils require a particular level of focus, investment and effort, when it comes to modelling risks of insurance-linked securities (ILS) and reinsurance portfolios, Aeolus Capital Management executives told us recently. Secondary perils are typically understood as the group of catastrophe and severe weather perils that are not considered "peak". But in read the full article →

Aeolus Capital Management on the importance of climate models: Interview

For our latest Artemis Live video interview we explored the importance of climate risk models in the management of portfolios of reinsurance and insurance-linked securities (ILS), with senior executives from Aeolus Capital Management. Aeolus Capital Management Ltd. is a specialist reinsurance and retrocession investment fund manager that targets largely property catastrophe read the full article →