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Karen Clark will be presenting the keynote address “The Truth About Scientific Models” and participating in the panel discussion “How Can We Tell Whether a Model Can Be Trusted” at URS Global Insurance Summit on November 9. The theme for this year’s virtual conference will be “Navigating Uncertainty: Heuristics or Finding True North?”
Learn MoreDr. Daniel Ward, KCC Senior Atmospheric Scientist, will be participating in the upcoming panel discussion, “Hurricane season 2021: time to brace for the unexpected?" Panelists will discuss predictions for the severity of this storm season, recent developments and enhancements to catastrophe wind models, and how some risk-transfer structures used to manage wind risk have changed in recent years based on this knowledge.
Learn MoreThe July 2021 CATLAB® Workshop sessions were led by KCC scientists and other modeling experts. Each model update session explained in detail refinements in the underlying science and engineering assumptions and the impacts on loss estimates. How climate change and other environmental factors are accounted for in each KCC model were also discussed.
Dr. Sara Sienkiewicz presented "US Winter Storm: The Forgotten Peril?" in which she reviewed the recent February Arctic Air Outbreak, the likelihood of a similar event occurring in the future, the impact of climate change on winter storms, as well as how the KCC US Winter Storm Reference Model works. In her talk "Modeling and Managing Large loss 'Non-tail' Events: A Call to Action," Karen Clark described why the Severe Convective Storm (SCS) and winter storm losses have increasing importance for (re)insurers, how the KCC models better account for this loss potential, and how they can benefit (re)insurers.
Learn MoreKaren Clark participated on the panel, "The Florida Insurance Market Crisis," as part of Intelligent Insurer’s Re/Insurance Lounge. Karen and fellow industry experts discussed the costly hurricane seasons that have impacted Florida, carriers being forced to increase rates to remain operational, and what the situation in Florida means for the industry going forward.
Learn MoreDr. Daniel Ward, KCC Senior Meteorologist, participated as a panel member in the Town Hall Meeting “How Weather, Water and Climate Remote Sensing Observations and Products are Supporting, Impacting, and Helping to Redefine the Insurance and Reinsurance Enterprises.” This discussion addressed how these data sources are affecting (re)insurance risk management.
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