Webinar: Smarter models powering insurance innovation against growing SCS threat 2026

Severe convective storms (SCS), including hail, straight-line winds and tornadoes, have averaged more than $35bn in insured losses annually in the US over the last decade (Swiss Re Institute, 2024), often outpacing hurricanes as the leading driver of catastrophe losses. In recent years, they have been the single largest source of insured catastrophe costs for carriers and reinsurers. In fact, average industry insured losses have doubled in the last five years compared to the prior five-year period.

As urban development expands, inflation drives up replacement costs and changing weather patterns and climate trends influence storm behavior, losses are expected to remain elevated. Insurance leaders now face an urgent question: How can better models translate into stronger pricing strategies, portfolio resilience and new market opportunities?

Join Insurance Insider for a free webinar, offered in partnership with Moody’s, at 10:30 EST/15:30 GMT on 22 January, as we explore how re/insurers are harnessing models to better manage SCS risk.

Discussion topics include

• Drivers of increasing SCS losses and how climate and exposure growth are shaping risk
• Implications for pricing, reinsurance and portfolio management
• The unique challenges of modeling highly localised, short-duration events
• New market opportunities enabled by advanced probabilistic models representing present day climate conditions, including solutions such as:
• Primary products better aligned to risk dynamics
• Reinsurance solutions that enable better risk transfer alignment
• Parametric Insurance options — Portfolio exposure management and optimisation tools for (re)insurers Speakers include: Julie Serakos, Managing Director, Head of Model Product Management, Moody’s Insurance Solutions