weather

“Billions” of Reinsurance, Catastrophe Models at Risk if Trump Budget Compromises Weather Satellites: NOAA Members Public

Cuts to the U.S. weather satellite program could have a direct impact on the reinsurance and catastrophe modelling industry, according to a study released prior to a proposal by the Trump Administration to gut the program’s budget. “While difficult to quantify its direct value to the sector, [National

Chris Westfall
Reinsurance

U.S. Billion Dollar Inland Flood Events Doubled in 2016 Members Public

Inland flooding created more billion dollar losses in 2016 than at any other period over the last 15 years, according to data released Monday by the NOAA’s National Centers for Environmental Information (NCEI). The U.S. has experienced four billion-dollar inland flood events during last year, doubling the average

Chris Westfall
flood

NOAA Post a Challenge for Trump, Satellite and Climate Program at Risk: Report Members Public

Replacing the government official responsible for coordinating the U.S. efforts around extreme weather data collection is one of the biggest hurdles the incoming Donald Trump administration faces and could put research programs at risk, according to a report issued this week. Finding someone to become administrator of the National

Chris Westfall
Donald Trump

When It Comes to Weather Losses, Persistence Is the Problem: Munich Re Members Public

Changes in the pattern of the jet stream are halting severe weather patterns for days, or even weeks, and increasing the likelihood that large loss events will occur, according to a report released by Munich Re on Tuesday. Intense flood events, longer crop-destroying droughts and more destructive winter storms are

Chris Westfall
Reinsurance