Over the past month we have discussed and illustrated how hurricane risk is changing in a series of LinkedIn posts. This blog is designed to summarize our findings, with additional…
What if there was a superior parametric insurance product that paid whenever you needed it, and was also available at a lower premium than traditional insurance? This powerful combination significantly…
The lack of a standardized measure to report in a timely manner the impact of tropical cyclones is discussed in this blog, using the example of the tropical cyclones Batsirai 2022 and Freddy 2023 hitting Madagascar. The current reporting methods provide various figures, such as the number of people affected or displaced, without indicating the dimension of the severity. This deficit of coherence and clarity can lead to confusion and misinterpretation of the situation. The following blog suggests a comprehensive and comparable measure to report the impact of tropical cyclones and highlights the importance of providing quick liquidity for disaster relief measures.
Blog summary: By pre-computing millions of years of tropical cyclone activity, along with the climatic conditions driving them, we can query our database to match current observable, and future projected…
Reask was created to provide natural catastrophe risk analytics anywhere and everywhere on the globe, and today we are proud to release the first step of that journey: a global…
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