Fathom and Reask: Tropical Cyclone and Flood – Managing Tomorrow’s Climate Risk Today
For insurers, catastrophe models and hazard data are essential for risk selection, pricing and portfolio management. It is necessary to ensure that no singular catastrophic event can disproportionately impact the loss to an insurer.
The combined risk of floods and hurricanes is becoming increasingly important for insurers to understand. These perils are two of the biggest loss drivers, and their impact is only increasing. Fathom and Reask have partnered to connect these two perils directly into one model.
This write-up summarises the key discussions from the event and is available to download for free here. To hear directly from the speakers, the event’s highlights can be found on the InsTech podcast: