Articles
Catastrophe Analytics
In a changing world, being equipped with functional risk solutions to assess and quantify catastrophe risk is paramount. Gallagher Re's view of catastrophe risk evaluates the range of models and makes adjustments or builds new solutions when needed, helping our clients form their own view of risk.
Our Catastrophe Analytics team is embedded in the business, providing the best of local and global knowledge to deliver bespoke services wherever they are needed. Drawing on the experience of more than 200 colleagues worldwide, we are dedicated to quantifying and interpreting the risk posed by natural or man-made hazards. Our analytical approach helps you customise your View of Risk, to address a range of business challenges focusing on risk decision making.
We have developed the Gallagher Re View of Catastrophe risk for all major perils and territories globally by taking a dual approach:
Evaluating and Enhancing Existing Model
In established catastrophe markets, we conduct an in depth study and comparison of all the model components, implementing appropriate adjustments where necessary.
Building New Models When Needed
Where no well-established models exist, we build them. We take advantage of our in-house expertise, and draw directly on the broader external academic resources of our network.
Our solutions empower risk management decisions that influence capital management within the insurance lifecycle, supported by the six pillars:
- Own View of Risk - Enabling clients to own their View of Risk
- Reinsurance - Empowering clients to make better risk transfer decisions
- Portfolio Optimisation - Enhancing portfolio management for better profitability
- Regulatory - Solutions to support regulatory submissions
- Innovation - Bespoke solutions to better understand and quantify risk
Gallagher Re's event response capabilities keep you informed about the latest major natural disasters occurring today. eVENT Advisories are written by our in-house experts in collaboration with key Gallagher Re partners. These resources will support your organisation in notifying key stakeholders as well as assisting in claims surge planning and loss mitigation.
How our clients use modelling, whether for regulation, reinsurance or underwriting, demands a framework which combines expertise and clarity. Our unique approach provides independent and insightful advice, cutting through the increasing complexity of the risk modelling challenges facing our clients.
