Recent fires and a record breaking summer of CAT losses has the insurance industry nearing turmoil when it comes to understanding when CAT losses will occur, where, and how impactful they will be. Laura Twidle CEO and Caroline Floyd of CAT IQ sat down to talk about the summer of CAT losses and what to expect at the upcoming CAT IQ Connect conference in Toronto Feb 4th-5th in Toronto.
In this episode:
- Reviewing the 7 CAT evetns in 27 days with over $7 Billion in damages
- The focus on flood and with communication and modeling
- Why stress testing climate risk is important for insurers
- Why anyone in the insurance vertical should be accessing the data on climate impacts
- Previewing the incredible speakers coming to CAT IQ Connect
Laura and Caroline share what they see in the accumulation of indices and data from their central depository for the insurance industry and others that want to address loss through climate change and find resiliency.
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