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EQECAT 2005 Hurricane CAT Model Challenge

Overview | 2004 Hurricane Losses | Press Release

The EQECAT hurricane model will predict your actual 2004 hurricane losses better than your current model did, or you pay us nothing!

Did you suffer more retained loss from the 2004 hurricanes than expected? Unfortunately, it may happen again in 2005 unless you take action now to improve your modeling capability since forecasters are predicting seven to nine Atlantic hurricanes in 2005, which is 60% higher than average. You rely on CAT models to make multimillion dollar decisions, yet have you ever seen an independent comparison of your model’s performance to others?

The 2004 hurricane season was very active and four hurricanes impacting Florida is unusual. But the historical record also reveals that the United States experiences four or more hurricanes once every eight-nine years. So, the number of hurricanes in 2004 was not that unusual. The 2004 hurricane season was not a surprise to EQECAT clients because our model has over 20,000 event–year simulations with four or more hurricanes striking the United States. This enabled EQECAT users to anticipate the impact of multiple event retentions when planning risk transfer strategies.

Better technology is now available that provides more reliable forecasts of insured risk!

Our Challenge Offer

EQECAT will analyze your Florida property book. If we don't provide better estimates of the 2004 hurricane loss than your current model, the analysis is FREE!

Download the 2005 EQECAT Hurricane Challenge Flyer

For more information:

EQECAT 2005 Hurricane CAT Model Challenge
1-510-817-3101 | solutions@eqecat.com