The Global Risks Alliance (GRA)
Reinsurance and Catastrophe is published by The Global Risks Alliance (GRA), a nonprofit corporation registered in Nevada, United States, operating as a business league for the financial services industry. This page sets out the platform's industry scope, its subject community, its legal limitations and its current state. The platform home gives the overview.
GRA · In development · service level R0
Reinsurance and Catastrophe is a specialist platform of The Global Risks Alliance for insurance and catastrophe, climate and hazards, and disaster and crisis. Its mandate covers reinsurance, catastrophe modelling, protection gaps and accumulated physical risk in the insurance system. GRA publishes it, answers for its content and takes no decision on anyone's behalf. It is in development at service level R0, and activities open as each is ready.
Fig.How the platform is governed, from its mandate to the authorities who decide. Design, not a record.
For industry scope and publisher, in GRA's spatial-finance reading, the map opens on night lights, population density and flood water with built-up and settlement extent from NASA GIBS, framed on the Gulf of Mexico coast; every other NASA layer, live feed and forecast waits in the layer list.
The interactive map needs JavaScript; the layer list and sources are below.
Layers 3
Hazards and exposure, for this page
Keyboard, with the map focused
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Latest available
NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth
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Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.
For industry scope and publisher, in GRA's spatial-finance reading, the map opens on night lights, population density and flood water with built-up and settlement extent from NASA GIBS, framed on the Gulf of Mexico coast; every other NASA layer, live feed and forecast waits in the layer list.Satellite and model products as NASA publishes them, each with its own date; indicators, not assessments of any place; claim ceiling INTEGRATED.
Layers and dates
The platform covers reinsurance, catastrophe modelling, protection gaps and accumulated physical risk in the insurance system. Its methods are natural catastrophe modelling, exposure aggregation, and the study of recovery and uncertainty.
Its subject community is reinsurance analysts, catastrophe modellers, actuaries and insurance risk teams. Actuarial methods in general are the subject of GRA's Actuarial and Quantitative Risk platform; primary insurance is the subject of the Insurance Nexus.
Reinsurance and Catastrophe is a GRA platform in development. Its thesis concerns reinsurance, catastrophe modelling, protection gaps and accumulated physical risk in the insurance system. It serves catastrophe modellers, reinsurance underwriters and brokers' analysts, ILS fund risk teams and hazard scientists working with insurers.
| Standard setter | Instrument that frames the work of Reinsurance and Catastrophe |
|---|---|
| IAIS | ICS and climate application paper |
| EIOPA | Solvency II internal model and nat-cat standard formula calibration |
| Lloyd's and market bodies | realistic disaster scenario practice |
| Item | Fact |
|---|---|
| Publisher | The Global Risks Alliance (GRA), a nonprofit business league |
| Platform status | In development: a candidate platform being built at its canonical root |
| Service level | R0: information and enquiries |
| Contact | research@globalriskalliance.com for research; membership@globalriskalliance.com for membership interest |
| Address | 4500 Forbes Blvd., Suite 200, Lanham, MD 20706, United States |
Compliance questions can be sent to compliance@globalriskalliance.com. Governance routes are on GRA governance and trust.
A distinct charter and an expert editor for catastrophe risk.
Explainers starting with catastrophe models and protection gaps.
Membership routes when terms, safeguards and review capacity exist.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Service level R0 | The current service level of Nexus pages: information and enquiries only. An enquiry receives a reference and a named next step; it creates no membership, contract, assignment or commitment. |
| Conflict of interest | A situation in which financial, professional or personal interests could compromise, or appear to compromise, judgement in research or review. |
| Reinsurance | Insurance bought by insurers to transfer part of their risk to another carrier, limiting the effect of large or accumulated losses on their capital. |
| Catastrophe model | Software that combines hazard, exposure and vulnerability modules to simulate many possible events and estimate the distribution of insured loss. |
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.