insurers

6 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Feb 17, 2022 by Jeff McCauley · across every show →

Everything said about insurers, oldest first

Feb 17, 2022 neutral
Assertion Supported
McCauley: Standard insurance policies commonly exclude nuclear risk
“So in general insurers are very afraid of nuclear risk. There's a common nuclear exclusion in in many policies.”
Jeff McCauley Feb 17, 2022 ▶ 18:30 A critical tool for scaling climate tech: insurance
Feb 17, 2022 neutral
Assertion Supported
McCauley: Insurers are pulling coverage from coal mines and power plants
“There are insurers sending the signal, for example, that they're not going to insure coal mines or coal power plants anymore.”
Jeff McCauley Feb 17, 2022 ▶ 37:20 A critical tool for scaling climate tech: insurance
Apr 10, 2025 neutral
Opinion
Boomhauer: Insurer market withdrawals are ad-hoc reactions to imperfect disaster data
“There is also absolutely a sense of kind of reactiveness here that something bad happens and let's get out of the place where the bad thing is happening. And that I agree that there's this ad hoc, a little bit of an ad hoc sense to it, but fundamentally I thin…”
Dr. Judson Boomhauer Apr 10, 2025 ▶ 9:51 How climate disasters are shaping insurance markets
Apr 10, 2025
Insight
Boomhauer: Insurers rely on reinsurance because internal surplus capital is too costly
“We think about insurers trying to protect their solvency, and one way that they can do that is that they can hold a bunch of surplus capital within the firm, but that's an expensive thing to do, to, you know, basically put capital in low-risk investments to be…”
Dr. Judson Boomhauer Apr 10, 2025 ▶ 23:06 How climate disasters are shaping insurance markets
Apr 10, 2025 negative
Assertion Supported
Boomhauer: Proprietary insurer catastrophe models are impossible for objective third-party evaluation.
“Almost all of the models that are applied by insurers today are developed by for-profit private companies. It makes them all a little bit of a black box. It makes them all basically impossible for objective third parties to evaluate”
Dr. Judson Boomhauer Apr 10, 2025 ▶ 15:55 How climate disasters are shaping insurance markets
Apr 10, 2025
Insight
Boomhauer: Disaster risk requires simulation models due to thin historical records
“Natural disaster events are just fundamentally different because we, you know, thankfully have not had a thick enough historical record of disaster events that we can price these things using the statistical methods that are standard in other lines of insuranc…”
Dr. Judson Boomhauer Apr 10, 2025 ▶ 8:47 How climate disasters are shaping insurance markets
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