Hurricanes, Cat Bonds, and the Billions at Risk with Dr. Jeff Masters and Chris McKeown

Otherworldly forces can affect the market and hurt it just as much. Hurricane Ian continues to bring surges, winds, and flooding to Florida, and we have our own hurricane swirling around the set. That's right, we're bringing two forces together this week in a mashup of two previous pods with Hurricane Hunter Dr. Jeff Masters and Re-Insurance pro Chris Mckeown. We're revisiting what Dr. Jeff has to say on hurricanes and how you can track them, and we're also talking catastrophe bonds with Chris McKeown.

You'll want to add this special episode to your playlist to learn more about; building weather models, the financial impacts of a storm, fat tails outside of financial markets… yes they are there too (let's just say it's a complex system), off-loading risk via reinsurance, CAT bonds, structural issues in an upside market, and so much more — SEND IT!

Chapters:

00:00-01:58 = Intro

01:59-20:41 =  Hurricane Hunting, “The Final Flight”, & Weather Underground

20:42-32:10 = Building Weather Models w/ 15km Global Grids

32:11-46:47 = Storm Financial Impacts, Catastrophe Bonds & Fat Tails ( It’s a complex system)

46:48-50:57 = Favorite Hurricane

50:58-51:22 = *** break ***

51:23-01:06:00 = Off-loading Risk via Reinsurance, Capital Deployment & Investor portfolio protection

01:06:01-01:13:14 = Cat Bonds & Structural Issues in an Upside Down Market

From the episode:

Check out Dr. Jeff Masters on Yale Climate Connections blog Eye on the Storm, follow him on Twitter @DrJeffMasters, and visit wunderground.com

Visit VantageRisk.com for more information on Re-Insurance, Chris McKeown and his team

Don't forget to subscribe to The Derivative, follow us on Twitter at @rcmAlts and our host Jeff at @AttainCap2, or LinkedIn , and Facebook, and sign-up for our blog digest.

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