Fire, Flood, and Earthquake: Latest Developments
This panel will review recent advances in natural peril models impacting Canada. Topics include an open-source flood model CanFlood and how it compares to existing vendor models, Canada’s Earthquake Early Warning Program, and adoption of new generation seismic hazard for Canada (SHMC 2020) in reinsurance modeling, as well as wildfire model developments.
Panelist Heather McGrath Geospatial Scientist Canada Centre for Mapping and Earth Observation, Natural Resources Canada
Panelist Henry Seywerd Program Manager, Early Earthquake Warning Natural Resources Canada
Panelist Michael Young Vice President, Model Product Management RMS
Secondary Peril Problems and Solutions: Data, Monitoring, and Modelling
So-called ‘secondary perils’, including severe convective storm, are among the biggest insured loss drivers in North America. This panel brings together experts working on perils that tend to get less attention from insurance CAT modelers, including hail and windstorms.
Ms. Clark founded the first catastrophe modeling company and is credited with creating the catastrophe modeling industry. Karen Clark & Company (KCC) was most recently named 2021 Catastrophe Modeling Firm of the Year by Inside P&C for “precision, accuracy, and successful innovation in the science of catastrophe risk modeling.” In this talk, Ms. Clark will share her insights on the intersection of risk and climate modelling.