CAT Risks In Inland Marine: Earthquakes Hurricanes And Flood-CAT Risks In Inland Marine: Earthquakes Hurricanes And Flood

CAT Risks In Inland Marine: Earthquakes Hurricanes And Flood

Video Transcription

Video Summary

In the video transcript from the webinar, Sam Lucas discusses the importance of capturing specific data for assessing marine risks, such as product type, storage conditions, and location. He highlights how understanding the product, storage, and location can significantly impact risk assessment and financial loss quantification. The framework for capturing and analyzing risks involves considering different perils, hazard damages, mean damage ratios, and financial loss calculations. Climate change and global warming can affect catastrophe modeling by potentially increasing the intensity of events like hurricanes. Lucas also touches on the approach to modeling different types of inland marine risks, such as contractor's equipment, emphasizing the need for specific vulnerability curves for different equipment types.

Asset Caption

Date of Publication: February 27, 2019
Duration: 49 minutes

An informative webinar on CAT risks and inland marine exposures. It will focus on using modeling in assessing the perils of earthquakes, hurricanes and flood.

Meta Tag

Module Loss Control & Claims

Keywords

marine risks

data assessment

risk assessment

financial loss

perils

catastrophe modeling

inland marine risks

vulnerability curves