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Property Catastrophe Insights

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Posts tagged with risk modeling - risk modeling

NAPCO CEO David Pagoumian discusses abundance and innovation at 2014 NAPSLO Annual Convention

Author SamanthaKimball , 9/23/2014
At last week's NAPSLO Annual Meeting in Atlanta, NAPCO CEO David Pagoumian spoke to WRIN.tv about how the calm year for natural catastrophes is affecting the property E&S insurance market. View the full video for his take on the implications of abundant capital in the reinsurance space and innovations ahead in natural catastrophe modeling.

Updates to severe thunderstorm model help us understand tornadoes

Author SamanthaKimball , 3/17/2014

Guest post by Colin Morris, Analytics Coordinator at NAPCO

Foter / Public domain
I recently visited risk modeling firm AIR Worldwide to learn about the latest updates to their severe thunderstorm model. This model covers straight line wind storms, tornadoes and hail storms and had last been updated five years ago. There was a lack of historical data on these types of storms. Until recently, we didn’t have the technology to properly document and use information about a tornado or severe thunderstorm outbreak. In the past ten years, science has been able to generate new ways to better track wind storms, including tornadoes.