Description

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?

Tracks:

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Exporter Choices

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:
Accounting/Finance

6. Prerequisites *:
none