I had no idea these were such a collectors item! Got one during my brief stint at ASML

Are you maybe thinking of the vaccine against Tick Borne Encephalitis (TBE)? That has been available for a while. As far as I know and can see online there is no Lyme vaccine anywhere yet unfortunately.

What offset buyers can learn from consumer protection laws Some states enable private parties to bring lawsuits, creating additional risks for businesses.

How can corporate buyers of carbon offsets be transparent and align their claims with consumer protection laws? Embrace uncertainty, writes our @erinshortell.bsky.social in an article for @trellisgroup.bsky.social.

Read more:

trellis.net/article/what...

Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That A new tool offers the public detailed estimates of their flood exposure, but some worry risk disclosure will impact home values.

In troubled times, it's always calming to go back to the basics: How hard flood-mapping is.
From @leslieatlarge.bsky.social and @mrgopal.bsky.social
🎁🔗 www.bloomberg.com/news/feature...

New flood model intercomparison just dropped!

Cat models used in NFIP pricing (KatRisk/Verisk/RMS) are within 4% of claims. KCC is 13x lower than peers. First Street is ~2x! as high across US.

"climate risk products require public validation to be a beneficial service"

Glad I'm not the only one annoyed by this! If your car is not used, why is it taking up public space that could be used for something more useful than permanent parking...

Thank you for brightening my day with this!

Apply for Sr Catastrophe Risk Consulting Associate | Careers at Moody's Apply for Sr Catastrophe Risk Consulting Associate

My team is looking for a senior associate in our NYC office. A great role for someone in the #climaterisk space looking to spread their wings

careers.moodys.com/sr-catastrop...

Nice to see this innovative cat bond (modeled by my team at Moody's!) getting some attention! Fortifying roofs against hurricanes is a win for both insurers and insureds, but requires upfront investment. Instruments like this cat bond unlock the capital that is needed for these mitigation measures.

Just took the Shinkansen bullet train in Japan; this feels like the future! But it's reassuring that even on a fancy train like this, the wifi is still extremely bad. Can't have everything, I suppose...

This is much cleaner than the join and coalesce I've been using to do similar things!

Catastrophe Bond Market Yield (Cat bond yields) - Artemis.bm Catastrophe Bond Market Yield (USD) Using this chart you can analyse the yield, or return potential, of the outstanding catastrophe bond market over time. If you’ve ever been wondering “what is the yi...

A cat bond has risk metrics associated with it: the risk that investors lose their money, often in the 1-2% range. This allows investors to determine their risk appetite.
Cat bonds are attractive because of the diversification they offer: even if the stock market crashes, you'll still get a return

Can't seem to DM you, but I might be able to help out depending on what exactly you are looking for!

Catastrophic events in an uncertain future: A pending $41 trillion bill for businesses and governments to resolve Analysis from Moody’s estimates that in 2050, the global economic impact of physical risk may reach $41.4 trillion, or a 14.5% loss in gross domestic product (GDP). Roughly two-thirds of this economic...

Another cool Moody's piece, that some members of my team worked on! How will physical risk impact GDP and Commercial Real Estate portfolios in the future?
www.moodys.com/web/en/us/in...

What if a once-in-a-generation hurricane were to hit South Florida?

What are the macroeconomic effects of a major hurricane impacting Florida? Some really cool work our team did in collaboration with our economist colleagues at Moody's. Check out the interactive data story as well as the full whitepaper!
www.moodys.com/web/en/us/in...
www.economy.com/the-macroeco...

I've built a new WF model that shows that the entirety of California will be on fire under RCP8.5 (which year does not seem relevant). My model also shows the Palisades as a high risk area, so it must be a pretty good model...

Brookmont cat bond ETF trades over 150k shares totalling $3.03m, in first day - Artemis.bm The Brookmont Catastrophic Bond ETF (ILS), saw 150,750 shares traded in its first day listed on the New York Stock Exchange (NYSE), resulting in $3.03

The first cat bond ETF was launched not too long ago! So we can see how that works out. www.artemis.bm/news/brookmo...

To make things more confusing, Moody's wildfire model does actually also provide a climate change view to give an estimate of the increase in risk for longer time horizons (say 2050). But that's indeed not what insurers use to assess their risk and set their rates.

They have a former catastrophe modeler on their climate team too!

And you know that some brand consultant made a pretty penny off of it.

AAPUNFOW doesn't have quite same the ring to it like AAL does now, does it?

Map of Hurricane Andrew as part of a simple interactive and mobile friendly set of season maps I've created on a new website.

Project of recent weeks -- raced to get it done for today's start of hurricane season! 157mph.com/annual-maps-... @157mph.com

Insuring tomorrow: 10 emerging risks transforming the industry

Which emerging risks are on people's mind within the insurance industry?
Check out this new data story on 10 emerging risks presented at Moody's Exceedance this week!
www.moodys.com/web/en/us/in...

I feel seen

Yeah it's hard to find anything in QGIS that can't be done (better!) in R now! We'd often use it to explore spatial data but with packages like leaflet that is really easy in R too

"QGIS is the Excel of geospatial analysis" feels like it comes straight out of my brain

I am once again begging the New York Times to stop treating a private company’s marketing materials as anything even remotely approaching a scientific consensus

Which is not to say there’s not a consensus that hazards are getting worse or that it will affect insurance rates

Them and ASML!

I completely agree we should always take a skeptical view of commercial climate risk products AND ALSO acknowledge that it's really freaking hard to correctly take the measure of things we've seen happen either once or never.