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Evaluation

Catastrophes

Level 1: No prior knowledge of the subject (0-3 Years)

C:PC:L3

C:MM:L2

C:RM:L2

S:DA:L2

S:LT:L1

T:AN:L1

T:IC:L1

T:CR:L2

CS-28 - Severe Convective Storm: Decoding the Dynamics

Monday, November 6, 2023
1:15 PM – 2:15 PM PST
Location: Santa Anita Ballroom (1st Floor)
Personal lines property insurers have been adversely impacted by Severe Convective Storm perils in the recent decade. This module will explore how climate change, shifting exposures, and changing housing stock characteristics contribute to loss trend. We will also explore how traditional catastrophe models quantify this risk and examine alternative methodologies.

Learning Objectives:

  • Understand key drivers leading to an increase in Severe Convective Storm losses for homeowners
  • Examine the evolving dynamics of the property reinsurance market, highlighting the growing significance of addressing SCS risk
  • Identify significant predictors of SCS loss and explore methodologies to quantify SCS risk
  • Understand key drivers leading to an increase in Severe Convective Storm losses for homeowners.