How Hurricane Risk Really Gets Priced with Dr. Ben Collier

How Hurricane Risk Really Gets Priced with Dr. Ben Collier

Dr. Ben Collier, a professor at the University of Wisconsin-Madison, and his fellow researchers published a recent paper that uses twenty years of Florida data to trace a direct line from cat model revisions to the premiums homeowners actually pay. The finding? A one-dollar increase in modeled expected loss translates to roughly five dollars in higher premiums. That multiplier — and what's driving it — is what we're unpacking today.
In the episode we dive deep into the findings.
The paper: Pricing Climate Risk: Hurricane Models and Home Insurance Over the Last Two Decades
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Episoder(52)

Insurance Isn't Just Transferring Risk Anymore

Insurance Isn't Just Transferring Risk Anymore

Private credit didn't just find a new source of capital—it may have changed the role of life insurance itself. Andrew Granato and Pranjal Yadav explain why insurance regulation, guaranty funds and opa...

5 Aug 53min

Can Big Tech Become The Next Insurance Company?

Can Big Tech Become The Next Insurance Company?

For years, the biggest competitive battles in insurance have been between insurers. Underwriting. Pricing. Capital management.But artificial intelligence may be changing the rules.What if the next maj...

29 Jul 42min

Private Capital, Public Flood: Risky Science Live

Private Capital, Public Flood: Risky Science Live

Listen to the full replay of the latest Risky Science Live "Private Capital, Public Flood: Risky Science Live". The panel examines what a larger private flood market actually requires: the modeling so...

24 Jul 55min

Jane Kim and California's Insurance "Hostage Situation"

Jane Kim and California's Insurance "Hostage Situation"

Jane Kim just finished first in the race to become California's next insurance commissioner. She's a former San Francisco supervisor and worked for Bernie Sanders. And where Allen wants to draw privat...

22 Jul 32min

The Price Is the Forecast

The Price Is the Forecast

Weather derivatives have struggled with liquidity for 25 years. Jim Huang thinks prediction markets can finally fix that — but only if the contracts are built around events people actually watch.In th...

15 Jul 36min

Risk Doesn't Disappear, It Gets Allocated

Risk Doesn't Disappear, It Gets Allocated

In this week’s episode we are digging into California's insurance market — and specifically, into the fight over who actually owns wildfire risk. Is it the insurers pulling back from high-risk areas? ...

8 Jul 39min

Venezuela, The Built Environment And Lessons of a Catastrophic Earthquake

Venezuela, The Built Environment And Lessons of a Catastrophic Earthquake

This week we focus on the tragic catastrophe in Venezuela, where powerful earthquakes tore along the San Sebastián fault and devastated Caracas. As a result, buildings collapsed, the airport shut down...

1 Jul 38min

Sticky Liabilities, Illiquid Assets and the Private Credit Perception Gap

Sticky Liabilities, Illiquid Assets and the Private Credit Perception Gap

A year ago, I sat down with Carmi Margalit, Managing Director and the Life Insurance Sector Lead at Standard & Poor’s Annual Insurance Conference to talk about private credit on insurance balance shee...

24 Jun 29min

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