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GRA · Reinsurance and Catastrophe

Spatial financeWhere capital meets hazard, exposure and transition

Research and industry programmes

Reinsurance and Catastrophe programmes follow how catastrophe risk is governed: international capital and monitoring frameworks, regional pools and markets, and national schemes and supervisors. Owners and supervisors decide; the platform contributes modelling evidence only.

Open Global industry questions Back to Reinsurance and Catastrophe
01Workspace

The workspace for research and industry programmes.

Workstream tracker

Research and industry · Programme year 2 · Example interface, not a record

Two milestones at riskGRA · Reinsurance and Catastrophe

Workstreams

owner · stage · status

Cat bond trigger analysisBrokerBuildM6 · week 17Blocked
Non-modelled peril loadChief risk officerReviewM5 · week 22At risk
Model change impact studyReinsurance buyerReviewM3 · week 32On track
Post-event loss reviewChief risk officerScopingM4 · week 27At risk
Treaty structure optimisationCat modellerScopingM3 · week 15On track

Effort against plan

person-weeks

Cat bond trigger26 pw of 26 pw requiredNon-modelled peril34 pw of 37 pw requiredModel change impact34 pw of 42 pw requiredPost-event loss review26 pw of 28 pw required

Milestones

  1. W9M1Cat bond trigger analysis: scoping note signed
  2. W14M2Inputs qualified at the gate
  3. W25M3Non-modelled peril load: build review
  4. W28M4Controlled test with observers
  5. W38M5Publication and decision record
Workstream tracker.Illustrative interface; not live data.

Reinsurance and Catastrophe · Workstream tracker. Workstream tracker: example names and illustrative values, not a record.

02Levels

Three levels of work.

03What each level examines

What each level examines.

LevelQuestions
GlobalModel transparency, reinsurance capacity cycles, catastrophe bond market structure
RegionalPool trigger design and model choice, regional peril catalogues
NationalPublic reinsurance schemes, residual markets, building codes and vulnerability
04Process

How the process runs.

Process explorer · Process

Research and industry programmes: Programme through eight gates

11 steps4 stages8 gates

Process

Research and industry programmes: Programme through eight gates

The Global Risks Forum (GRF) records eight yearly gates, each a programme decision; a gate not passed stops its work, and the competent authority decides outside.

  1. 01 Q1 · Planning

    1. 01G0 · Annual programme authorisedGate · The Global Risks ForumGRF authorises the annual mandate. It never sets a national agenda.
    2. 03Route the candidate mission to standardsStep · Nexus StandardsNexus Standards routes each candidate mission to the standards and profiles that apply.

  2. 02 Q2 · Readiness and build

    1. 04G1 · Missions admittedGate · The Global Risks ForumGRF admits missions with reasons recorded. It cannot admit a mission without an accountable owner.
    2. 05G2 · Data and resources qualifiedGate · The Global Risks ForumReadiness preparation closes when data, people and resources are qualified.
    3. 06G3 · Build accepted for exerciseGate · The Global Risks ForumGRF records whether the build is accepted for exercise. A gate not passed stops the work it governs.

  3. 03 Q3 · Action Week

    1. 07G4 · Controlled live operation authorisedGate · The Global Risks ForumGRF authorises controlled live operation for Action Week.
    2. 08G5 · Evidence sealed and stand-down recordedGate · The Global Risks ForumThe evidence is sealed with its provenance and the stand-down is recorded.

  4. 04 Q4 · Reporting and renewal

    1. 02Competent authority decides and actsActor · The competent authorityThe competent authority decides and acts under its own rules. The programme informs it and never decides for it.
    2. 09Scientific and editorial reviewStep · Reviewers and the publisherQualified, conflict-managed reviewers and the publisher decide what is accepted. Institutions cannot decide a scientific conclusion.
    3. 10G6 · Publication authorisedGate · The Global Risks ForumGRF authorises publication of results that have passed scientific and editorial review. It cannot publish personal data.
    4. 11G7 · Renewal reviewedGate · The Global Risks ForumGRF reviews renewal and sets the next cycle’s mandate.

The programme year · The Global Risks Forum · Decision rightsDesigned programme process, not a record of operation. No cycle has run and every programme is at service level R0. A gate is a programme decision, never a public-authority approval, certification or deployment authorisation.

05Status

Every programme shows where it stands.

A programme is shown as exploring, forming, constituted, active, paused or archived, according to its record. A plan is never presented as an activity.

06Sources

Where this page’s references lead.

The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.

07Pages

Pages in Research and industry programmes.

Page

Global industry questions

Page

Regional exposures

Page

Country readiness contexts

08Questions

Questions and answers.

How does a country take part?
Through its national programme. Country enquiries go to the Consortium Secretariat at the contact form or a regional desk.
Reinsurance and Catastrophe

Bring an exposure or capital question to the Alliance.

Information and enquiries are open today. 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.

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