One of the value propositions of a catastrophe (CAT) model is its ability to provide a robust view of risk for events that have not yet occurred but are entirely plausible scenarios. For example, users of a robust CAT model could pose the question, “… what is the...
Artificial intelligence (“AI”) has become the latest buzzword for stamping ‘technological advancement’ on just about anything. But as we all know, the devil is in the details and when it comes to AI, the details really matter. In its most basic form, AI enables...
An exploration of the relationship between extra-tropical cyclone (winter storm) risk and our changing climate.
In Part II of the series, we probe more deeply into how the warming atmosphere, and more importantly, the warming oceans, may influence one of nature’s most powerful and destructive weather systems – the tropical cyclone.
Our Climate Change Research Series investigates the relationship between climate change and property catastrophe risk. In our introductory paper, we introduce the foundations of climate change science and describe how climate models provide a deeper understanding of...