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April 23, 2010
Catastrophe risk modeling firm EQECAT, Inc., will host a half-day conference, New Techniques for Understanding and Managing Emerging Typhoon Risk in Asia, from 12:30 pm to 5:30 pm on May 18, 2010 starting with lunch from 12:30 pm 1:30 pm, followed by the conference program and reception at the InterContinental Singapore. The conference program will provide professionals in the global re/insurance industry with a better understanding of Asia’s increasing need to manage natural catastrophe risk. The conference, lunch, and reception are free of charge.
Hee J. Ham, Ph.D., associate professor, division of architecture at Kangwoon National University in Korea, will discuss building vulnerabilities subjected to typhoon wind loads. A panel which will discuss the future of catastrophe insurance in Asia includes James Atwood, executive vice president and chief risk officer at Asia Capital Reinsurance Group, Dr. Mohan Sharma, executive director research & development Asia Pacific, Aon Benfield Asia Pte Ltd, and Richard Sanders, senior catastrophe analyst of Willis Re.
Additionally, EQECAT experts will present on the following topics:
Attendees include c-level executives, insurance and reinsurance management and underwriters, and risk analysts.
"Due to Asia's rapid economic growth during the past decade, there are increased exposures to a variety of natural catastrophe risks, including wind and flood damage from typhoons,” said Bill Keogh, senior vice president of EQECAT's strategic initiatives. "The combination of growth and underlying risk has created a need to better understand correlations in the region. This has profound implications for the global re/insurance industry. EQECAT is dedicated to promoting a deeper understanding of risk in the Asian re/insurance markets."
EQECAT, Inc. provides state-of-the-art products and services to the global property and casualty insurance, reinsurance and financial markets. EQECAT is the technical leader and innovator of catastrophe risk management models that quantify exposure to a range of natural and man-made catastrophic risks.
Through its modeling software platform, WORLDCATenterprise™, EQECAT enables clients to quantify and manage the potential financial impact of natural hazards. WORLDCATenterprise includes 181 natural hazard software models for 95 countries spanning six continents. These models are based upon innovative applications of the latest science, engineering expertise, claims and exposure data and advanced mathematics.
EQECAT, a subsidiary of ABSG Consulting Inc., was founded in 1994 and is headquartered in Oakland, California.
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