Insur In suran ance ce compa companies nies look looking ing - - PowerPoint PPT Presentation

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Insur In suran ance ce compa companies nies look looking ing - - PowerPoint PPT Presentation

Jun 15, 2023 118 likes •351 views

DRMKC Seminar Roma 2017 Moving from science and technology to systems and processes Break-out Group 2: CCA Insur In suran ance ce compa companies nies look looking ing at at the the rele elevanc vance e of of da data in ta in

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM

Roland NUSSBAUM (MRN, France) In Insur suran ance ce compa companies nies look looking ing at at the the rele elevanc vance e of

  • f da

data in ta in de defining fining insur insuran ance ce ser servi vice ces s or

  • r too

tools ls an and d ho how this this af affec ects ts ris risk pr preven ention tion DRMKC Seminar – Roma 2017 Moving from science and technology to systems and processes Break-out Group 2: CCA

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM

Lo Look

  • king

ing at at the the rele elevanc vance e of

  • f da

data ta in in de defining fining insur insuran ance ce ser servi vice ces s or

  • r too

tools ls and and ho how this this af affec ects ts ris risk pr preven ention tion

2 Lourdes,July 2013

Photo : D. Bourguignon - MRN

Introducing MRN within the insurance industry How PPPs, involving the insurance industry in the collection and sharing of such data, can promote efficient decision making for disaster reduction, at every governance level How disaster/climate input data create value for the design of insurance / DRM services to the customer

1 3 2 4

Concluding remarks

OUTLI LINE

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 3

1

Intr Introducing

  • ducing MRN

MRN

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 4

MRN RN & O & ONRN RN wer ere lau launc nched hed in « in « reac eaction tion » to » to ma major jor na natur tural al event ents

Evolution of cumulated annual insured losses in FR

1 2

1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000

Indemnités versées (montants actualisés en millions €) Années TGN CATNAT

Source : FFSA- GEMA / 2012

ICLR, CA IBHS, USA

ZURS, DE HORA, AT FRAT,CZ SIGRA, IT etc Evolution in France Similar evolutions overseas

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM DRMKC Seminar – Rome 2017 │ 5 Break out group 2: CCA – Insurance companies… R NUSSBAUM

WHA WHAT T IS S MI MISS SSION ON R RISQ SQUE UES N S NATU TURELS ( RELS (MRN) MRN) ?

A professionnal association dedicated to natural risk knowledge and reduction

1

5

www.ffa-assurance.fr www.mrn.asso.fr

English version available

2 1

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM

Introducing Mission Risques Naturels (MRN)

The governance of the association, within the French Insurance Federation (FFA)

1

6

www.mrn.asso.fr

Insurance Groups currently represented at MRN Board of Directors

FFA Member companies operating in property damage Branch are participating to MRN Budget

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 7

2

Studies for FFA and with institutional partners General interest services for FFA member companies Technical interfaces with State and Stakeholders

  • Participative governance

bodies (national and local)

  • End user representation in

project stearing groups

  • Awareness raising
  • Education
  • …
  • I. FFA, State, EPTB, … - ONRN
  • II. Applied research (PhD students:

a) Public policy evaluation (from insurance point of view) b) R&D toward general interest services:

  • SIG MRN
  • BD SILEHC
  • CAT CLIM DATA
  • SIG

SIG MRN MRN

  • BD

BD SILEHC SILEHC

1

Introducing Mission Risques Naturels (MRN) Three areas of activities

1

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 8

2

How disaster/climate input data create value for the design of insurance /

  • ther services to the customer
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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 9

Reinsurance Undertakings & Brokers Modelling agencies Insurance undertakings Loss Adjusters Intermediaries

Climate data Loss data

Other DRM data

INPUTS INSURANCE VALUE CHAIN

Insurance services Other DRM services Internal management

OUTPUTS

2

Clima Climate te/los loss da data inputs ta inputs gener generating ting added ded values alues in in the the ins insur urance ance value alue chain hain Customer’s profile & needs

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 10

2

Clima Climate te/los loss da data inputs ta inputs gener generating ting added ded values alues in in the the ins insur urance ance value alue chain hain

 Insurance services (innovation)

  • Filling the coverage gap (art 8. EU CCA Strategy)
  • Alternative risk transfer

 Finite insurance (based on risk indices and/or climate data)  Climate derivatives  Internal risk management, within the (re)insurance undertaking (improvement and innovation)

  • Claims management :

 Implementation of early warning services to insurance companies by loss adjusters  Use of earth observation & drones for early estimate and loss adjustment purposes  « build back better » through detailed loss data analysis at building component level

  • Portfolio management / monitoring
  • Prudential management: internal models (Solvency II directive)

 Other DRM services to customers (innovation)

  • Risk awareness raising services and apps
  • Early warning services (calls and apps) duplicating warning messages by public authorities
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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 11

SAMPLE REPORT ON SITE EXPOSURE ANALYSIS CARTOGRAPHIC INTERFACE FOR SITE ANALYSIS USE OF HAZARD ZONING LAYER IN PORTFOLIO EXPOSURE ANALYSIS

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MRN RN GIS S Ser ervice : ice : ris risk expos xposur ure anal analysis is tool tool for

  • r commer

commercial cial lines lines cus customer tomers

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 12

2

MRN RN GIS S Ser ervice : ice : ris risk expos xposur ure anal analysis is tool tool for

  • r commer

commercial cial lines lines cus customer tomers

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 13

2

MRN RN f flood lood events ents da data tabas base agrega gating ting ma market et da data ta

What for?

Flash floods Mediterrean floods River floods Mediterrean floods Storm surge

Average claim cost by type of peril at event level

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 14

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MRN RN CA CATCLI CLIM Da Data ta pr proj

  • ject

ect

What for?

  • Focus on a specific event (here

hail event in central France during spring 2014)

  • Collect detailed damage data

from a sample of claims based

  • n loss adjusters reports
  • Study damage by building

components to deduce prevention recommandations

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 15

3

How PPPs, involving the insurance industry in the collection and sharing of such data, may promote efficient decision making for disaster reduction, at every governancce level

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 16

3

PPPs in involv

  • lving

ing the ins the insur urance ance indus industr try in F in France ance

Integrated NatCat Risk Management & Participative Governance

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ONRN RN

Governance & organization

Management Committee: representatives of the partners End Users Committee: French National DRR Platform Working groups & Projects Data producers

  • State administrations
  • State Agencies and affiliated
  • Local Authorities :
  • Regional observatories,
  • Floodplain managers...
  • CCR
  • FFSA-GEMA / loss adjusters
  • Utilities operators
  • Researchers
  • Others

Users

Data, Information & Knowledge collection, sharing, outreach

ONRN

Agreement: State - CCR – MRN & local authorities Partners Professional communities General Public

PORTAL

ONRN does not produce raw data

=

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ONRN RN

PPP for IKM sharing and DRM governance

www.onrn.fr

Workshops and publications

Downloadable indicators: Web portal:

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ONRN RN

Use of ONRN indicators for DRM participative governance at local and regional level

  • www. afpcn.org/wordpress/wp-content/uploads/2016/01/160129_AFPCNposter_UNISDR.pdf

www.idrimjournal.com/index.php/idrim/article/view/116 www.onrn.fr/site/binaries/content/assets/documents/onrn/publications_2015/15-02-11-brochure_onrn_ang.pdf www.onrn.fr/site/binaries/content/assets/documents/onrn/publications_2015/15-02-13-plaquette_portail_ang.pdf www.onrn.fr/site/binaries/content/assets/documents/onrn/160125_onrn_unisdr_light.pdf www.onrn.fr/site/binaries/content/assets/documents/onrn/publications_2015/sendai-2015---side-event-on-risk-data- sharing-platforms-by-onrn---participants-folder-final.pdf www.onrn.fr/site/binaries/content/assets/documents/onrn/onrn-sendai---compilation-of-presentations-final.pdf

=

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Conc Concluding luding remar emarks ks on

  • n

inc inclusiv lusive e act activit ivities ies within within the the Frenc ench na h national tional pla platf tfor

  • rm
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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM 21

Post sters s presen sented at at the SFD SFDRR RR technica ical and and scien scientifi ific impl impleme mentation ion conference, , Geneva, va, January 2016

4

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DRMKC Seminar – Rome 2017 │ Break out group 2: CCA – Insurance companies… R NUSSBAUM

Thank hank your

  • ur for
  • r your
  • ur attention

ttention

roland.nussbaum@mrn.asso.fr