Articles | Volume 23, issue 1
https://doi.org/10.5194/nhess-23-251-2023
https://doi.org/10.5194/nhess-23-251-2023
Invited perspectives
 | 
20 Jan 2023
Invited perspectives |  | 20 Jan 2023

Invited perspectives: An insurer's perspective on the knowns and unknowns in natural hazard risk modelling

Madeleine-Sophie Déroche

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Short summary
This paper proves the need to conduct an in-depth review of the existing loss modelling framework and makes it clear that only a transdisciplinary effort will be up to the challenge of building global loss models. These two factors are essential to capture the interactions and increasing complexity of the three risk drivers (exposure, hazard, and vulnerability), thus enabling insurers to anticipate and be equipped to face the far-ranging impacts of climate change and other natural events.
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