Billion Dollar Disasters and Extreme Weather Trends
Tuesday,June 07, 2022:3:00 PM -4:00 PM
/ CEU Credits:1
Over the past few years, there have many high-profile catastrophes causing billions of dollars to the insurance industry. Among them were the Texas freeze, Germany floods, Hurricane Ida, and several high-profile U.S. Severe weather outbreaks. Come join a vibrant session that will provide perspective on billion-dollar disasters and insight into the aggregated losses and how perils are trending over time.
Questions that will be answered:
* How do we perceive risk and what are the factors driving loss outside of the physical impacts?
* Have recent events been unexpected?
* Are aggregated losses above or below the long-term average?
* What level of loss should the industry expect annually from catastrophes?
* How are the losses trending with the perils that are causing the losses?
* Is there a connection between the peril trends and the losses?
1. Learning Objective 1:
Recognize the factors driving loss (other than physical impacts) from major disasters and extreme weather
2. Learning Objective 2:
Identify the level of loss the industry should expect annual from catastrophe
3. Learning Objective 3:
Identify how losses are trending with the perils causing the losses
4. Target Audience:
6. Prerequisites *: