Stock photograph of a young Asian woman conducting a seminar / lecture with the aid of a large screen. The screen is displaying data & designs concerning low carbon electricity production with solar panels & wind turbines. These are juxtaposed with an image of conventional fossil fuel oil production.
Insurers and reinsurers are in the business of risk management, and one key question preoccupies their minds: “What’s the worst that can happen?” Jeremy Waite explores this question through the lens of scenario and stress tests.
Alexander Pui discusses the interaction of catastrophe modelling, under-insurance, credit ratings, and interest rates. He warns of the potential spiraling of under-insurance that could be triggered by a higher evaluation of earthquake risk in New Zealand.
As a result of the 2010 and 2011 earthquakes, significant areas of residential land in Christchurch suffered damage causing an increased risk of flooding and liquefaction. The flooding vulnerability…