California Lawmakers Pass Public Wildfire Catastrophe Model Legislation
SB 429 heads to Governor's desk and would create the nation's first public wildfire risk assessment tool.
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Catastrophe Risk Programs Face Congressional Crunch Time
Capital growth boosts US insurer catastrophe capacity to record levels
Terrorism Risk Models Still Fall Short as Reinsurers “Struggle” With Loss Estimates
Nearly a quarter century following the 9/11 attacks, a new report says critical gaps in current risk modeling capabilities continue to constrain private sector participation in terrorism risk coverage.
California Legislature Passes Bill Updating Geo Hazard Assessment Tied to Climate Risks
Lawmakers passes legislation expanding the definition of geological hazards to include climate-related risks.
Trust, Correlation, and Climate: Dirk Schmelzer on Cat Bond Investing
Models will need to “play catch up” on perils most affected by warming trends, such as severe convective storms, Schmelzer says.
