2007 US Catastrophe Management Conference
12:00 AM 12:00 AM
Conference Overview
EQECAT understands that reliable and accurate cat modeling is critical to your business. Our goal is to help you better understand all of the components of cat model risk evaluations and enable you to make better business decisions. To facilitate this, EQECAT continues to:
- Develop the most accurate natural cat models based on the up to date science, engineering and finance
- Provide the broadest natural catastrophe peril and country coverage to insurers worldwide
- Continue the advancement of the frontiers of understanding natural catastrophes, science and risk finance
Our conference promised to separate fact from fiction and to help you understand the true state of cat modeling. The conference addressed short term and long term goals making it extremely attractive for a larger variety of the audience. As industry experts with practical engineering background we provide our audience with a comprehensive and integrated risk management approach to their problems.
The catastrophes of 2004 and 2005 have highlighted some of the core uncertainty in catastrophe modeling. The first session in our 2007 Miami conference discussed the influence of climate change and natural variability upon property risk along the Atlantic seaboard. Dr. Christopher Landsea, Science and Operations Officer at the National Hurricane Center (NHC) in Miami and Dr. Greg Holland, Director of the Mesoscale and Microscale Meteorology Division IN ESSL will be discussing views on this issue.
Some of the key points covered included:
- Climate change and its impact on the insurance industry
- Alternative risk transfer for Offshore Energy Risk
- EQECAT’s new industry standard model for offshore risk quantification
- Advances in global earthquake modeling
- Efficiently integrating EQECAT's software into better decision making
The conference featured a wealth of information and insight into cat modeling in general and software offerings in particular that can positively impact your business. This was also a great opportunity to learn about the upcoming release of WORLDCATenterprise™ (WCe), which features many new and updated models. The conference sessions were conducted by reputed external and internal speakers, who are experts in the field of catastrophe management.