Catastrophe Models

Latin America’s insurance market is exposed to an impressive range of natural catastrophes. To the traditional perils of earthquakes in the Andes and Mexico and hurricanes in Central America and the Caribbean, new(ish) threats have gained weight of late such of floods across the region and droughts in the Southern Cone.

All insurtechs have the potential to change the industry, but Insider Engage examines three to watch: Arbol, ICEYE and EigenRisk.

Join us for a webinar in partnership with KBRA as we explore how insurers are navigating the increase in claims.

How can re/insurers manage growing catastrophe risks if lessons from the past no longer apply?

Real events are necessary to test, and continually update, the accuracy of catastrophe models, said Karen Clark, founder and CEO of Karen Clark and Co.

Modeling and pricing are the biggest challenges facing the insurance industry today, said Christopher Donelan, CEO, Global Reinsurance, Sompo International.

As catastrophe risks continue to grow, more businesses are seeking to tap catastrophe modelers directly for insights on managing complex risks, said AIR President Bill Churney.