Abstract

Spatial Optimization of Insurance Exposure to Hurricane Risks
Track: Insurance
Authors: Long Li

This study is to demonstrate how the ArcGIS-assisted hurricane wind and loss modeling methodology was developed to estimate probable foreseeable losses with a large number of simulated historical extreme hurricane events along the coast. The results for an exposure case study will be provided to illustrate the foreseeable high-loss as well as low-loss extreme hurricanes over space and to show where the exposure should grow or be limited geographically, considering risk diversification.