RED & Oasis: Next Chapter in Earthquake Risk Modelling. 25-02-19

Описание: Catastrophe models have long been the backbone of the insurance sector, but with today’s interconnected markets, their reach is rapidly expanding into broader financial services. This shift is evident also in the world of earthquake risk.

For too long, traditional earthquake cat risk models have relied on the assumption that seismic events are isolated incidents, ignoring aftershocks and interlinked sequences that often magnify real-world damage and losses. It is time for a paradigm shift.

This webinar provides an introduction to EQM+ — our new, next-generation earthquake model - for countries in southern Europe - that finally brings seismic sequences into the spotlight.

We’ll show you why the current mainshock-only models, once considered sufficient for practical reasons, no longer hold up against modern data and computational capabilities. In this session, you’ll learn:

• Why main shock-only models that represent the current industry standard fall short in capturing real-world risk
• How EQM+ accounts for entire earthquake sequences and damage accumulation to provide more accurate loss estimates
• The critical role of advanced computing in modelling earthquake sequences
• Practical applications of EQM+ for both (re)insurers and financial market stakeholders
• How EQM+ is integrated into the Oasis LMF and soon available also through NASDAQ’s platforms.

Whether you’re well-versed in catastrophe modelling or new to the field, this briefing will equip you with a fresh perspective on seismic risk. Don’t miss this chance to discover how EQM+ can enhance your risk management and underwriting capabilities — and why a paradigm shift in earthquake modelling is long overdue.