Global Catastrophes and Climate: Discussion from a Reinsurer Perspective Thomas Leidell, Tokio Millennium Re Ltd.

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2 Monday, May 1, 2017 OPENING PCS 2016 Year in Review Ted Gregory, Property Claim Services, Verisk Analytics Working Together on Colorado Catastrophes Marguerite Salazar, Colorado Insurance Commissioner Global Catastrophes and Climate: Discussion from a Reinsurer Perspective Thomas Leidell, Tokio Millennium Re Ltd. Forecasting and Nowcasting Major Earthquakes Dr. John Rundle, University of California, Davis Snow Loads and Ice Dams: An Engineering Perspective Michael Spensieri, Donan Engineering, LLC

3 Monday, May 1, 2017 Atlantic Basin Seasonal Hurricane Prediction and the Outlook for the 2017 Hurricane Season Dr. Phil Klotzbach, Department of Atmospheric Science, Colorado State University Emerging Claims Trends from a Verisk Perspective Joseph H. Louwagie, Verisk Insurance Solutions Wildfires: An Expanding Threat? Dr. Arindam Samanta, Verisk Analytics Catastrophe Fraud Awareness Robert J. Bodoni, MetLife

4 Tuesday, May 2, 2017 Working Catastrophes Before They Occur: A FEMA Perspective Nancy Dragani, Federal Emergency Management Agency (FEMA) Catastrophe Claims Management from an Independent Claims Adjuster Perspective Paul Tracey, Pilot Catastrophe Services Catastrophe Preparedness: Are You and Your Team Members Really Prepared and Empowered? Robert Johnson, Horace Mann Navigating Technology s Impact on Auto Catastrophes Scott Snapp, Progressive Insurance

5 Tuesday, May 2, 2017 Internet of Things (IoT): Data-Driven Claims Decisions Sandra Maples, Verisk Insurance Solutions Flood Damages to Property Charles C. Rutter, Forensic Consulting Group PCS: Future Directions Ted Gregory, Property Claim Services

6 Thank you to our sponsors!

7 10 Year Average 2016 PCS Cat Activity (2016) US 43 events $21.6B in insured loss Canada 9 events $5B in insured loss Turkey 1 event `` 510M US 32 events Canada 6 events $19.2B US & $1.8B CA losses 43 US & CA 2015 cats Thunderstorms w/ Significant Hail Drive 2016 Activity 7

8 2016 Significant Events Hurricanes Hermine and Matthew First PCS hurricane events since 2012 $2.8 Billion combined Over 500k claims Verisk Weather Solutions analytics & graphics 8

9 2016 Significant Events Fort McMurray Wildfire $3.98 Billion (CAD) Nearly 35K claims Largest PCS wildfire event 80% of 2016 CAN losses 9

10 2016 Significant Events Wind & thunderstorms Cats 1621 and 1625 Hail, hail and more hail Texas $4.7 Billion (US) Over 540K claims Largest US 2016 PCS event was Cat

11 2016 Colorado Significant Events Wind & thunderstorms Cat 1642 Just over $1 Billion Over 100K claims Largest single PCS event for Colorado Colorado included in seven 2016 PCS cats Nearly $1.5B for all events in Colorado 11

12 PCS Turkey Fire, Explosions, Riots, Civil Disorder Partnership with IUC Cresta Zones 14 & 15 Nearly 20K claims Local currency - 510M 12

13 PCS Global Marine and Energy Energy Ocean Marine Industrial accident SRCC/terror/war on land Construction accident Contractor accident Exploration and production accidents Other man-made events Collision (involving vessels) ATL/CTL Fire/explosion Hull damage Retention, irretrievably deprived Machinery damage/failure SRCC/terror/war on land Piracy/war Salvage Other man-made For events over $250 mn PC+BI+liabs Offshore and non-elemental only Event types above not exhaustive 13

14 PCS Process Improvements PCS Post- Event Surveys Online Survey Portal Data Security Link to secure database to input data Streamlined process

15 PCS Process Improvements Bulletins and Reports Daily Severe Weather Summary Proprietary weather analysis daily Verisk Weather Solutions Team Content directly aligns w/new PCS bulletins

16 Verisk Weather Solutions Provide data and analytics for enterprisewide weather risk management Respond Benchmark Integration with other Verisk business units: PCS ISO Xactware Geomni 16

17 Yesterday s Severe Weather Source: NOAA/NWS Storm Prediction Center 17

18 4/28/17 4/30/17 Spotter Reports 18

19 Today s Weather Forecast Source: DOC/NOAA/NWS/NCEP Weather Prediction Center 19

20 Weather Systems Source: DOC/NOAA/NWS/NCEP Weather Prediction Center 20

21 Flash Flooding Potential Source: NOAA/NWS/NCEP Weather Prediction Center 21

22 Severe Weather Outlook Source: NOAA/NWS Storm Prediction Center 22

23 Elevate Conference 2018

24 PCS Cat Conference 2017