Webinar – 2013 Half-Year Natural Catastrophe Review

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2013 Half-Year Natural Catastrophe Review

9 July 2013

Running time: 53 minutes

Munich Re and the Insurance Information Institute jointly present an overview of natural catastrophe activity for the first half of 2013.

About this event

While the first six months of 2012 do not nearly reach the record-setting levels of 2011, wildfire, thunderstorm, drought and hurricane activity during this period continues a trend of rising frequency and loss accumulation. With the largest wildfire in New Mexico history, the most damaging wildfire in Colorado history, and extreme flooding in Florida, losses continue to mount.

Summary
The 2013 Natural Catastrophe Mid-Year Review webinar will provide an overview of natural catastrophes in the first half of the year, including winter storms, thunderstorms/tornados, floods, droughts, earthquakes and wildfires. A special focus will be on convective storms including the Moore, Oklahoma tornado. Additional topics include the new Munich Re paper on increased thunderstorm volatility and losses in the US and the extreme floods in Germany, Canada and India.

Webinar topics

  • Overview of US natural catastrophe activity including a review of winter storm, thunderstorm/tornado, flood, drought and wildfire activity.
  • Overview of global catastrophe activity including major global events.
  • Munich Re research on thunderstorm and floods.
  • Economic implications of US natural catastrophes for 2013.
  • Impact of catastrophe losses on underwriting performance and profitability of the US P/C insurance industry.

Presenters/Agenda

Carl G. Hedde.
US/Global Catastrophe Update:
Carl G. Hedde, CPCU
Head of Risk Accumulation
Munich Reinsurance America, Inc.

Peter Höppe.
Special Topic – Thunderstorm and Floods:
Peter Höppe
Head of Geo Risks Research/Corporate Climate Center
Munich Re
Robert P. Hartwig.
Economic Implications: Robert P. Hartwig, CPCU
President & Economist, Insurance Information Institute

In the US, Munich Re provides access to a full range of property-casualty reinsurance and specialty insurance products through Munich Reinsurance America, Inc., American Modern Insurance Group and Hartford Steam Boiler Group. Together, we deal with the issues that affect society and work to devise cutting-edge solutions that render tomorrow’s world insurable. Munich Reinsurance America, Inc. has been successfully addressing the key challenges of the future since 1917. Our clients trust us to develop solutions for the whole spectrum of reinsurance – from traditional reinsurance agreements to the management of complex specialty reinsurance risks. Our recipe for success: we anticipate risks early on and deliver solutions tailored to clients’ needs, creating opportunities to achieve sustained profitable growth.

The Insurance Information Institute (I.I.I.) is a nonprofit, communications organization supported by the insurance industry. Its mission is to improve public understanding of insurance -- what it does and how it works. For nearly 50 years, the I.I.I. has provided definitive insurance information. Today, the I.I.I. is recognized by the media, governments, regulatory organizations, universities and the public as a primary source of information, analysis and referral concerning insurance.


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