CAT Tracking Available Online
NU Online News Service, Sept. 16, 4:14 p.m. EDT?Guy Carpenter & Company Inc. announced today the availability of CAT-i and RISK-i catastrophe reports on the company’s Web site, www.guycarp.com.
The reports provide periodic updates on major natural catastrophes and technological or man-made events worldwide that are likely to incur a significant loss to the insurance and reinsurance industry, according to Guy Carpenter.
The proprietary reports have been produced and distributed since 1999 (CAT-i) and 2002 (RISK-i) by Instrat, the company’s risk and financial analysis division, and can now be accessed through the Web site’s new “GC CAT Reports” section, the company said.
“Providing relevant information about events happening around the world at any time is part of our commitment to helping clients understand and quantify the uncertainties that are inherent in their businesses,” said Ryan Ogaard, Instrat’s managing director. “Providing this information through our Web site gives clients easy and direct access, facilitating the reinsurance decision-making process.”
Instrat’s CAT-i reports track major floods, tropical cyclones, earthquakes and other natural events of importance to the industry, according to the company. The RISK-i reports cover technological or man-made risks to property, transport and life, including explosions, fires, crashes, engineering disasters and terrorist attacks. All summaries and reports are based on publicly available information.