Are we ready for a Category 6 hurricane? Climate, risk & the insurance response
With rising ocean temperatures, increasing climate volatility, and shifting data sources, catastrophe risk is entering a new era. At InsTech’s event, ‘The Future of Catastrophe Risk: Where Science Meets Reality’, insurance and risk professionals explored how the industry is preparing for high-impact, low-probability hurricane scenarios, including the potential emergence of a Category 6.
In this session, a panel of experts tackled one urgent question: What happens if we face a hurricane beyond anything we’ve seen before?
Panelists:
- Tom Philp, CEO, Maximum Information
- Emma Watkins, Catastrophe Risk Leader
- Chris Weller, Head of Exposure Management, Inigo
- Moderator: Ruth Petrie, Principal Risk Scientist, Inigo
What you’ll learn:
- Is a Category 6 hurricane scientifically plausible?
- Could we face multiple extreme hurricanes in one season?
- What systemic risks could expose the insurance and reinsurance markets?
- Are current models and data sources still reliable?
- How insurers are preparing for uncertainty with analytics & AI
