28 Nov 2022
Introduction to Natural Catastrophe Modelling
Natural Catastrophe Models are a key ingredient for the assessment of Nat Cat risk. Questions like “What losses do we expect from catastrophic events on average?” and “What losses do we need to expect in the worst case?” are becoming more and more relevant, in particular considering climate change. Natural Catastrophe Models try to answer these questions in a statistical sense, and have for many years now become an important tool for the assessment of (re-)insurance contracts. In this web session, we will give a basic introduction to Nat Cat Modelling and its applications.
Organised by the EAA – European Actuarial Academy GmbH.
The web session addresses all interested persons who want to learn more about the basics of Natural Catastrophe Modelling. It is beneficial if participants have basic knowledge of reinsurance and statistics.
Technical RequirementsPlease check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection. The case study will be provided as Microsoft Excel file, hence Microsoft Excel or a compatible software is recommended.
Purpose and Nature