Models Coming Up Short When It Comes to U.S. Convective Storm Losses: Swiss Re Members Public

Existing risk models are not accurately capturing the growing risk from severe convective storms in the U.S. — including tornado, hail and thunderstorm — causing insurers and reinsurer to be blindsided by increasing losses, according to a study released Wednesday by Swiss Re. “There are many models to asses the risks

Chris Westfall
Catastrophe Models

Tornado Forecast Study a Piece of the Loss Puzzle, Author Says Members Public

A new study suggesting El Niño and La Niña’s influence on U.S. tornado activity is just a piece of a larger puzzle that catastrophe modelers, insurance and reinsurance executives need to considering future loss scenarios, according to the study’s author. “In order to understand what the future

Chris Westfall