China’s Weather Risk Market May Be Late, But It Will Scale Faster Than the West
Texas spreads its windstorm model risk while California's wildfires become economically existential.
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Texas spreads its windstorm model risk while California's wildfires become economically existential.
Also: the one issue that Democrats and Republican's can agree on is wildfire modeling.
This week connects two worlds of modeling: how private credit is reshaping insurer balance sheets to how AI and physics are redefining how we understand physical risk.
FEMA says it was unlikely that the “president would ever declare a major disaster for extreme heat.”
"Reinsurers are not particularly good at anticipating long-term trends correctly."
Capital growth boosts US insurer catastrophe capacity to record levels