Beyond the smoke: understanding and mitigating wildfire risk

featuring Nephila Capital, Swiss Re, Generali and Guy Carpenter

Wildfires are growing in severity and intensity. Since 2013, they have cost the insurance industry over $70 billion. But wildfire has traditionally been thought of as a ‘secondary peril’ - is it due a promotion to ‘primary peril’?

Political issues, such as regulatory requirements for providing insurance coverage in California, are also putting wildfire risk high on the agenda. It is becoming increasingly important to have an accurate understanding of wildfire risk to stay competitive in the market.

This report will examine how wildfire risk is changing, what data and modelling solutions are available for underwriting, and how wildfire risk management is likely to evolve over the coming years.

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InsTech’s latest report will help you to:

Identify the key causes of wildfires and their impacts
Understand the new wildfire modelling approaches for improved risk selection and pricing
Learn what parametric wildfire products insurers are already offering
Stay ahead of trends by understanding how technology such as satellites and sensors can be used to mitigate wildfire risk and create new products

Featuring contributions from:

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