RenaissanceRe's CRO Ian Branagan Quoted in Insurance Journal Article
on Value of Open-Source Cat Models


An April 28 article in Insurance Journal highlighted recommendations from a senior Lloyd's executive who called for expanded use of Oasis, the open sourced catastrophe modeling platform that is seen as key to creating a larger market for models.

Tom Bolt, Lloyd's director of performance management, said "increasing the number of models strengthens the market's resilience and can allow more regions to be covered. The Oasis open source platform has the potential to create a broader marketplace for models."

RenaissanceRe's CRO Ian Branagan was among industry experts quoted in the article about the important contributions Oasis can make in expanding global access to insurance and reinsurance.

"RenaissanceRe supports Oasis as an important open source platform making the understanding of natural hazards' risks available to more communities. The transparency of the platform can help advance the development of consistent and robust catastrophe risk models and facilitate more coherent communication about risk. These have the potential to assist with bridging the protection gap between the global demand for insurance and the supply of risk capital to meet that demand," Branagan said in the article.

The full Insurance Journal article can be read at the following link:
http://www.insurancejournal.com/news/international/2016/04/28/406912.htm

"RenRe Event to Focus on Sandy Lessons", by Scott Neil, The Royal Gazette - May 25, 2016
Click here to view story

"RenaissanceRe to Host Forum Addressing Lessons Learned from Superstorm Sandy", Carrier Management - May 20, 2016
Click here to view story

"Leaders to Discuss Super Storm Sandy Recovery in US", Intelligent Insurer - May 16, 2016
Click here to view story

"Freddie Mac Economist Warns of Housing Crisis Caused by Sea Level Rise", by Jess Swanson, Broward Palm Beach New Times - May 12, 2016
Click here to view story

"Private Insurers Can Help Save Faltering Federal Flood Program", by Steve Ellis and Joshua Saks, Morning Consult - May 11, 2016
Click here to view story

"World heading for catastrophe over natural disasters, risk expert warns", The Guardian – May 12, 2016
Click here to view story

"Likelihood is no hurricanes will hit east coast, new study says", by Kimberly Miller, Palm Beach Post – May 6, 2016
Click here to view story

"Abrupt Sea Level Rise Looms As Increasingly Realistic Threat", by Nicola Jones, Yale Environment 360 – May 5, 2016
Click here to view story

"Economic impact of natural disasters", by Maxfield Brown, Global Risk Insights – May 4, 2016
Click here to view story

"World Bank: The way climate change is really going to hurt us is through water", by Chris Mooney, The Washington Post – May 3, 2016
Click here to view story

"New Study Claims That Hurricanes Can Combat Climate Change", by Joanne Kennell, The Science Explorer – May 3, 2016
Click here to view story

"Could The National Flood Insurance Program Be Harming Endangered Species?", by Jonathan Loos, American Rivers - April 28, 2016
Click here to view story

"House vote to encourage private flood insurance wins praise," Mark A. Hofmann, Business Insurance, April 28, 2016
Click here to view story

"U.S. House unanimously votes to expand flood insurance options," Carrier Management, April 28, 2016
Click here to view story

"Less Risk of New Orleans Flooding According to New FEMA Maps", Cain Burdeau, Claims Journal, April 22, 2016
Click here to view story

"'100-Year Floods' Happen More Often Than People Think", Brian K. Sullivan, Insurance Journal, April 22, 2016
Click here to view story

"Natural Disasters Have Caused 8 Million Deaths, $7 Trillion in Damage Since 1900", Andrew MacFarlane, The Weather Channel, April 20, 2016
Click here to view story

"Roadmap to saving the National Flood Insurance Program", Frank Nutter, Intelligent Insurer, April 18, 2016
Click here to view story

"Groups join to push Flood insurance reform", Phil Gusman, Property & Casualty 360, April 8, 2016
Click here to view story

"How coastal cities can learn resilience tactics from nature", Jacques Chirazi, GreenBiz, April 8, 2016
Click here to view story

"Coastal Cities Need to Radically Rethink How They Deal With Rising Waters", Whitney Pipkin, Smithsonian.com, April 7, 2016
Click here to view story

"As Seas Rise, Nature Can Protect Our Cities", Pascal Mittermaier, Huffington Post Green, April 1, 2016
Click here to view story

"Ellis: Flood insurance program is sinking and needs to be reformed", Steve Ellis, Houston Chronicle, March 31, 2016
Click here to view story

"Building Climate Resilience with Nature", Nature Conservancy, March 29, 2016
Click here to view story

"Climate Change Means London, New York Could Be Underwater In A Few Decades, Sooner Than Previously Thought", Clark Mindock, International Business Times, March 23, 2016
Click here to view story

"Climate Change Rate May Be Faster Than Expected", George Putic, Voice of America, March 23, 2016
Click here to view story

"Building Resilient to Withstand Hurricanes", Special to the Huffington Post, Erik Rancatore, March 22, 2016
Click here to view story

"Disasters killed 606,000 people in 20 Years", Daily Star Albany, March 22, 2016
Click here to view story

"House Committee Passes Private Flood Insurance Bill", Andrew G. Simpson, Insurance Journal, March 2, 2016
Click here to view story

"Florida must face reality of rising seas", Stephen Mulkey, Special to the Gainesville Sun, February 25, 2016
Click here to view story

"Sea Levels Are Rising More Quickly Than in the Last Two Millennia", Erin Blakemore, Smithsonian.com, February 23, 2016
Click here to view story

"Storm Water, Long a Nuisance, May Be a Parched California's Salvation", Adam Nagourney, New York Times, February 19, 2016
Click here to view story

"Is Climate Change to Blame for More Intense Hurricanes and Typhoons?", The Climate Reality Project, February 17, 2016
Click here to view story

"If NYC Builds the Streetcar, It Will Run Right Through Flood Zones", David Meyer, Streetsblog NYC, February 17, 2016
Click here to view story

"Recent St Louis flooding made worse by human changes to landscape", Scott Johnson, ARS Technica, February 16, 2016
Click here to view story

"Hot, Parched Earth Slows Down Sea Level Rise: NASA Experts", Alyssa Navarro, Tech Times, February 16, 2016
Click here to view story

"Why Midwest Floods Are Critical to the Restoration of the Louisiana Coast", Steve Cochran, Environmental Defense Fund, February 11, 2016
Click here to view story

"How to prevent a flood insurance crisis in New Jersey", by Steve Pociask, Press of Atlantic City, February 9, 2016
Click here to view story

"How Do Melting Ice Sheets Affect Sea Level? Study Reveals Findings", by Rosanna Singh, Science World Report, February 3, 2016

"How to prevent a flood insurance crisis in New Jersey", by Steve Pociask, Press of Atlantic City, February 9, 2016
Click here to view story
Click here to view story

"Private flood insurance could save Pennsylvania homeowners money", by Rachel Bunn, Penn Live, February 2, 2016
Click here to view story

"Flood Re reinsurance program oversubscribed in second phase", by Scott Vincent, Insurance Day, February 2, 2016
Click here to view story

"New York City's post-Hurricane Sandy resiliency efforts hailed as exemplar", by Peter Fabris, Building Design + Construction, February 2, 2016
Click here to view story

"Blizzard 2016 to cost insurers more than Superstorm Sandy", Lyle Adriano, Insurance Business America, January 27, 2016
Click here to view story

RenRe WeatherPredict Flash Disaster Safety/IBHS