June 9, 2021: Could Political Risk Be the Next Source of Cat Loss Inflation?

Start Date/Time:
06/09/2021 12:00 PM
End Date/Time:
06/09/2021 1:30 PM
Virtual via Zoom
New York, NY United States

June 9, 2021 ♦ 12 Noon – 1:30 pm (EST) ♦ Powered by Zoom

Thomas Johansmeyer, Head of PCS – a Verisk Company

PCS has noted the phenomenon that catastrophe losses seem to be getting larger and more frequent.  Mr. Johansmeyer will discuss PCS’s observations that in recent years political risk indicators, such as post-event legal and regulatory actions, have played a factor which has, and likely will, impact future insurer/reinsurer risk and capital management decisions.

The number of catastrophe events  designated by PCS®, a Verisk business™, in the United States has reached record-setting territory every year for the past five years. And the number of events reaching an industrywide loss threshold of at least US$1 billion has reached record levels in 3 of the last 4 years.

Tom Johansmeyer runs PCS, a Verisk business.  Under his leadership, PCS has expanded from North America to Japan and Asia Pacific, Latin America, and Turkey.  Tom also launched PCS’s foray into global cyber, marine and energy, terror, and large property risk losses.  Before PCS, Tom held re/insurance industry roles at Guy Carpenter and Deloitte. 

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IRUA corporate member professionals – $75
IRUA Individual Members: (not associated with an IRUA member company)- $75
Non-IRUA members – $95

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