Winds of Change: The Changing Landscape of Catastrophic Risk
Sponsored by: Lexington Insurance Co.
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View the Webcast presentation exhibits: Winds of Change Webcast Exhibits (PDF)
Over the past 25 years, continued aggregation of coastal property values and the ongoing assimilation of physical assets in highly vulnerable areas around the country have created increasing levels of volatility for the Property and Casualty Industry. Normalizing the impact of historic U.S. wind and quake events in terms of population growth and wealth accumulation demonstrates the vulnerability of the industry's balance sheet to major catastrophic events. Estimates of insured and general economic damage associated with a major terrorist attack suggest our industry confronts increasingly unprecedented levels of volatility.
This Webcast, hosted by the editors of Best's Review, is sponsored by Lexington Insurance Co., America's leading surplus lines insurer, providing property, casualty, and specialty coverages and programs for a vast array of risk classes to large and middle market companies.
Panelists include:
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Sanjay Godhwani, Executive Vice President and Property Division Executive, Lexington Insurance Co.
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Laurie Johnson, Ph.D AICP, Senior Science Advisor, Lexington Insurance Co.
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Brian Finlay, Senior Associate and Director, Henry L. Stimson Center
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Roger Pielke Jr., Ph.D, Professor of Environmental Studies, Center for Science and Technology Policy Research University of Colorado
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