Expanding the power of extreme weather events and risk forecasting

How can insurers, brokers, and risk managers better understand and adapt to the growing impacts of climate change on catastrophe risks? Reask is tackling this challenge by leveraging climate science and technology to enhance traditional catastrophe modelling and provide actionable insights for the insurance industry.

Matthew Grant speaks with Jamie, Reask’s CEO, and Ian, principal quantitative Engineer, to discuss how their innovative models integrate global climate signals and provide more accurate assessments of hurricane risks, enabling the industry to manage dynamic and long-term challenges.

Key talking points

• Discover how Reask enhances traditional catastrophe models with physics-based climate insights.

• The distinction between natural climate variability and human-caused change

• Why globally connected models help insurers see correlations across regions and diversify portfolios.

• How Reask validates data through transparency and peer-review methodologies.

• Understand how flexible tools provide actionable insights for immediate and long-term risk assessments.

• Why precise data enables parametric insurance policies that are more accurate and efficient.

• Insight into how Reask is expanding beyond insurance, using data to predict outcomes like emergency response needs.