Reask provides earth system risk analysis services, focusing on natural hazards and climate risk assessment for insurance, reinsurance, financial services, governments, and corporations.

Reask

Reask is a science and technology company applying cutting-edge data science techniques to natural hazard modelling.

Follow us on Twitter: @reaskearth

Macdoch Ventures

Mastry

Tencent

Collaborative Fund

Hawktail Management

Extending our modelling expertise beyond #tropicalcyclone winds was a big milestone for Reask in 2024. 

📜 After publication earlier this year, our #machinelearning TC precipitation model is now deployed globally (https://lnkd.in/dR2qRvJ3). 

⛈ It covers all active events at 1-km resolution, explicitly accounting for terrain influence and complex rain field asymmetries such as outer rain bands.

The example below shows how the model behaved immediately after completion of #HurricaneDebby (left panel) – without any assimilation of rainfall observations. NCEP Stage IV observations (available a day after) are also shown for independent comparison (right panel).

➡ #tropicalcyclone rain layers are now available for all Reask event response products: 
     1️⃣ #LiveCyc: up to 72h pre-landfall probabilistic estimates
     2️⃣ #Metryc; post landfall best estimates

Please get in touch with Louise Braybrooke CCRA, Alexandre Caillol, CFA or David Schmid for further info.

#hattip to our in-house rain modelling artist Balaji Mani for the modelling and graphics.

#hurricanes #extremeweather #climatetech #AI #tropicalcyclones #extremeevents #hurricaneseason

🌪️ 𝗦𝘁𝗮𝘆 𝗔𝗵𝗲𝗮𝗱: 𝗘𝗹𝗲𝘃𝗮𝘁𝗲 𝗬𝗼𝘂𝗿 𝗛𝘂𝗿𝗿𝗶𝗰𝗮𝗻𝗲 𝗣𝗿𝗲𝗽𝗮𝗿𝗲𝗱𝗻𝗲𝘀𝘀 𝘄𝗶𝘁𝗵 𝗟𝗶𝘃𝗲𝗖𝘆𝗰 𝗯𝘆 𝗥𝗲𝗮𝘀𝗸 🌪️

As the 2024 hurricane season intensifies, understanding how a storm evolves in real time is crucial for assessing risk and preparedness.

Here's how LiveCyc supports your workflow: 
📍Precision: Location-specific, high-resolution (1-km²) hurricane simulations. 
⏰ Preparedness: Wind gust probabilities up to 72 hours in advance. 
✅ Accuracy: Terrain-adjusted models deliver actionable, real-world insights. 

𝗪𝗮𝗻𝘁 𝘁𝗼 𝘀𝗲𝗲 𝗟𝗶𝘃𝗲𝗖𝘆𝗰 𝗶𝗻 𝗮𝗰𝘁𝗶𝗼𝗻? 
With Halo, our data visualization platform, explore LiveCyc's probabilistic forecasts to assess tropical cyclone wind impacts on land or open ocean, helping with pre-landfall planning. 

🌪️𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗛𝗮𝗹𝗼 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝘁𝗼𝗱𝗮𝘆 𝗳𝗼𝗿 𝗳𝗿𝗲𝗲! 🌪️

𝗢𝗽𝗲𝗻 𝗔𝗰𝗰𝗲𝘀𝘀: Start using Halo immediately without registration. Explore key features to monitor and visualize Hurricane Laura 2020 storm data. 
Access here >> https://halo.reask.earth/ 

𝗗𝗲𝗺𝗼 𝗔𝗰𝗰𝗼𝘂𝗻𝘁: Unlock forecast updates for Hurricane Debby 2024, Ida 2021, and Laura 2020.  
Register here for free >>https://lnkd.in/dvDGfzGe 

Get in touch via contact@reask.earth. 

Stay safe, and stay prepared. 

#HurricanePreparedness #WeatherForecast #HaloByReask #LiveCyc #Reask #HurricaneSeason2024 #DisasterPreparedness #ClimateResilience #StormTracking #DataDrivenDecisions #TropicalCyclones #SevereWeather #RiskManagement #ForecastingInnovation #SafetyFirst #ClimateTech #ExtremeWeather #StormPreparedness #ResiliencePlanning #EmergencyResponse #PredictiveAnalytics #GlobalWeatherData

🌀 𝐋𝐢𝐯𝐞𝐂𝐲𝐜: 𝐑𝐞𝐚𝐬𝐤’𝐬 𝐏𝐫𝐨𝐛𝐚𝐛𝐢𝐥𝐢𝐬𝐭𝐢𝐜 𝐄𝐚𝐫𝐥𝐲 𝐖𝐚𝐫𝐧𝐢𝐧𝐠 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐟𝐨𝐫 𝐓𝐫𝐨𝐩𝐢𝐜𝐚𝐥 𝐂𝐲𝐜𝐥𝐨𝐧𝐞 𝐖𝐢𝐧𝐝𝐬 𝐚𝐭 𝐘𝐨𝐮𝐫 𝐒𝐢𝐭𝐞𝐬 

The 2024 hurricane season is already making its mark, with predictions pointing to a highly active season. #HurricaneBeryl rapidly intensified to Category 5 strength, an extremely rare event for this time of year. 

At Reask, our #LiveCyc product delivers unparalleled, high-resolution wind-at-site simulations days before a hurricane impacts your location. 

We’re excited to unveil our Reask data viewer, designed to help users visualize and assess our global tropical cyclone data products. Easily search for any at-risk location of interest to evaluate how our precise wind speed predictions could have enhanced your preparedness before impact and boosted your event response post-event. 

View an example high-resolution early warning forecast for #HurricaneLaura. Contact us to enable access to forecasts for additional storms on your data viewer account. 
 
𝐀𝐜𝐜𝐞𝐬𝐬 𝐚𝐧𝐝 𝐬𝐢𝐠𝐧 𝐮𝐩 𝐭𝐡𝐞 𝐑𝐞𝐚𝐬𝐤 𝐝𝐚𝐭𝐚 𝐯𝐢𝐞𝐰𝐞𝐫 𝐮𝐬𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐥𝐢𝐧𝐤:  https://halo.reask.earth/ 

Here’s what makes LiveCyc stand out: 
📍 High-Resolution Simulations: Precise assessments at a 1-km² resolution ensure location-specific accuracy. 

⏰ Advanced Forecasting: Wind gust probabilities are provided up to 72 hours before landfall, allowing ample time for preparation. 

🏔 Terrain-Adjusted Model: Our globally adjusted models consider the detailed impacts of wind speed interactions with terrain and topography, offering realistic and actionable insights. 

🌪 Don’t wait until the storm hits 🌪 

Contact our team today via contact@reask.earth to start exploring our industry-leading actionable models and ensure your preparedness for this hurricane season. 

Stay safe and stay informed with Reask.

#HurricanePreparedness #WeatherForecast #LiveCyc #Reask #HurricaneSeason2024 #DisasterPreparedness

Join us tomorrow at the next InsTech evening event to learn how Reask is transforming companies' approaches to #climate and #catastropherisk. 

“𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐧𝐝 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐛𝐥𝐢𝐧𝐝 𝐬𝐩𝐨𝐭𝐬 𝐫𝐞𝐯𝐞𝐚𝐥𝐞𝐝: 𝐦𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐭𝐢𝐦𝐞” 
 
Reask’s Head of Business Development, Alexandre Caillol, CFA, will discuss how Reask has created new insurance coverage avenues, enabling previously uninsurable risks to be written. 

Panellists 
🎤 Vinay Mistry, Chief Risk Officer at Apollo 
🎤 Paul Wilson, Partner (Catastrophe & Climate) Securis Investment Partners LLP 
🎤 Marc Lehmann, Head of Physical Climate Risk Advisory at Howden
🎤 Ruth P., Principal Risk Scientist at Inigo
 
𝐄𝐯𝐞𝐧𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 
📅 Date - 23rd July 
⏰ Time 4:00 – 19:30 BST 
📍 Location – CodeNode, 10 South Place, London EC2M 7EB 

Registration link ⏩https://lnkd.in/dvckZjM4 ⏪ 
 
Registration is free for #insurers, #brokers, #riskmanagers, #mgas, and InsTech corporate members. 

#InsTech #ClimateRisk #CatastropheRisk #InsuranceInnovation #RiskManagement #PropertyInsurance #ClimateChange #InsuranceTech #Event #Networking #Reask #InsuranceCoverage #IndustryExperts #LondonEvents

Join us at the next InsTech evening event on the 23rd of July, to learn how Reask is transforming companies' approaches to #climate and #catastropherisk.  

“𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐧𝐝 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐛𝐥𝐢𝐧𝐝 𝐬𝐩𝐨𝐭𝐬 𝐫𝐞𝐯𝐞𝐚𝐥𝐞𝐝: 𝐦𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐭𝐢𝐦𝐞” 
 
Reask’s Head of Business Development, Alexandre Caillol, CFA, will discuss how Reask has created new insurance coverage avenues, enabling previously uninsurable risks to be written. 

Panellists  
🎤 Vinay Mistry, Chief Risk Officer at Apollo  
🎤 Paul Wilson, Partner (Catastrophe & Climate) Securis Investment Partners LLP 
🎤 Marc Lehmann, Head of Physical Climate Risk Advisory at Howden 
 
𝐄𝐯𝐞𝐧𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬  
📅 Date - 23rd July 
⏰ Time 4:00 – 19:30 BST 
📍 Location – CodeNode, 10 South Place, London EC2M 7EB 

Registration link ⏩https://lnkd.in/dvckZjM4 ⏪ 
 
Registration is free for #insurers, #brokers, #riskmanagers, #mgas, and InsTech corporate members. 
 
#InsTech #ClimateRisk #CatastropheRisk #InsuranceInnovation #RiskManagement #PropertyInsurance #ClimateChange #InsuranceTech #Event #Networking #Reask #InsuranceCoverage #IndustryExperts #LondonEvents

Our colleague David Schmid has posted an analysis of the limitations associated with cat-in-a-box methodology and the impacts of Hurricane Beryl on Jamaica.

#HurricaneRisk #HurricaneBeryl #CatBond #Jamaica #ParametricInsurance #NHC

👏 Exciting News! 👏 

We’re thrilled to announce the promotions of two outstanding team members:

David Schmid is now our Global Head of Data Products.

Balaji Mani is now our Principal Catastrophe Model Developer.

Join us in congratulating David and Balaji!

#Promotion #TeamSuccess #Reask

Today marks a great milestone for the Reask #LiveCyc team as we delivered our first 2024 rainfall footprints to our subscribers with #hurricaneBeryl. 

Congrats Balaji Mani, Nicolas Bruneau and Fabio Sato 💪 

⛈ Just like for our wind gust footprints, #LiveCyc rainfall accumulation maps account for projected rain field asymmetry patterns, local terrain impacts, as well as uncertainty in the NHC forecast parameters. 

The example below shows our best estimates 24h pre-landfall (left). The corresponding return period total accumulation levels over the city of #Houston are also compared to other notable events (see white dots, right panel) as well as Reask #DeepCyc stochastic view (red and lime lines).
 
🔎 This puts #Hurricane #Beryl at around the 10-year return level mark with a projected total rain accumulation of 275mm over #Houston.

Our #LiveCyc service is available globally, starting up to 3 days prior to any #tropicalcyclone landfall. Please get in touch with us for a demo and trial access – the season is just getting started…

#machinelearning #climatetech #hurricaneseason #extremeweather #AI

Meet David Schmid at the 20th Asia NAT CAT and Climate Change Summit 2024 on the 10th-11th of July organised by Asia Insurance Review.

Less than one week until insurance industry leaders, policymakers, and experts pool their collective expertise. This summit is a premier event where you'll have the opportunity to engage in high-level networking and discussions about the latest developments in managing climate risks. 

Don't miss out on David's panel discussion!

'Revolutionizing Disaster Response Strategies Through Parametric Insurance and Technological Innovations'
 
👉 David Schmid 
Head of Parametric Products, Reask (Climate Risk Modelling), Switzerland 
 
👉 Adel Abeleda 
Chief Underwriting Officer, Malayan Insurance Co., Inc.
 
👉 Jean-Christophe Garaix
Head of Agriculture & Parametrics, Liberty Mutual Reinsurance, France 
 
👉 Andrew Harris 
Executive Director ‑ Reinsurance, Oneglobal Broking, Singapore  

Register now: https://lnkd.in/gMggZkRh 

#AIRnatcat #NatCat #NaturalCatastrophes #ClimateChange #ESG #ClimateResearch #ClimateRisk #Insurance #InsuranceIndustry #NatCatinsurance #ClimateSolutions #ClimateInsurance #parametricinsurance #parametric

🌀 Hurricane Beryl and the Challenge of Basis Risk and Uncertainty
 
⬆ As Hurricane Beryl reaches unprecedented strength, current forecasts predict its path to pass west of Jamaica. Despite this, significant wind speeds and rainfall could still be expected to impact the island.
 
Even with the hurricane bypassing Jamaica, overland effects can be severe, posing a challenge for insurance policies to pay out efficiently when needed most.
 
Reask is here to help with granular hurricane wind speed estimates down to individual locations, helping to mitigate basis risk. The schematic below shows the current NHC track prediction bypassing Jamaica alongside Reask's LiveCyc early warning estimates for wind speeds across the island.
 
📈 Overlaying median and 90th percentile Reask wind speed estimates with population data (source) reveals that a significant portion of the population could still face gusts in excess of 80 mph, even with the storm tracking west of the Island.
 
❓ However even a slight shift in the storm's trajectory can dramatically alter the risk, highlighting the huge uncertainty in quantifying wind speed and rainfall impacts, especially for small islands with complex terrain

Stay safe, stay informed.

#HurricaneSeason #EarlyWarningSystem #SafetyFirst #CommunityPreparedness #WeatherAlert #StayInformed #Resilience

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