Moody's Corporation (United States)

Recent strengthening of eastern Pacific ENSO in the last millennium paleorecord

The Pacific El Niño–Southern Oscillation (ENSO) generates climate extremes that endanger ecosystems, infrastructure, and human well-being worldwide. The response of this system to climate warming is poorly constrained, due both to data scarcity and uncertainties in climate models...

Sensitivity of Complex Reinsurance Pricing Metrics to Model Assumptions

Using a representative multiperil catastrophe model applicable to a US nationwide industry portfolio, this paper quantifies the sensitivity of reinsurance technical pricing metrics to model assumptions. We show that shifting risk profiles from low to high catastrophe excess of lo...