Catastrophe modelling helps UK and London market insurers quantify exposure to perils such as windstorm, flood, earthquake, and terrorism, underpinning underwriting, pricing, and reinsurance decisions. Exposure management and cat modelling teams curate high‑quality location and coverage data, select and calibrate vendor or internal models, and run scenarios and stress tests, while working with underwriters, actuaries, and capital teams to understand model uncertainty, emerging climate trends, and regulatory requirements around aggregation and risk disclosures.
Model breaks from traditional single-capacity setups
Acapulco is being used as a test case for how rising seas, erosion and stronger hurricanes could threaten insurability of coastal hubs
Institutions are understating the pace of global warming and its financial effects
Natural disasters, geopolitical instability, tech hazards - insurers are on the frontline for it all
But a two-speed market has developed, says major insurance brokerage
