Aon Collaboration with AbsoluteClimo Advances Climate Modelling for Climate-Based Perils
5 July 2023, London
Aon plc (NYSE: AON) announces the firm’s multi-year collaboration with AbsoluteClimo to advance climate modelling and inform better decisions as organizations navigate emerging volatility from climate-based perils. Aon Media Release
Northern India's July 2023 Flooding Risk & Tail Risk Correctly Predicted By AbsoluteClimo >3 Years Ahead
7 August 2023, Chicago Illinois
In March 2020, G๏TCHA correctly forecast northern India's anamalous July 2023 flooding, including Himachal Pradesh and New Delhi. Press release.
Star-Advertiser Quotes AbsoluteClimo's 6 Month (H2 2023) Climate Forecasts for Hawaii
2 July 2023, Honolulu Hawaii
Today's front page article of the Honolulu Star-Advertiser quotes AbsoluteClimo's 6 month (second half of 2023) temperature and precipitation climate forecasts for Hawaii expecting near to slightly above-normal temperatures and near normal precipitation tilted by the outcome of the 2023 tropical cyclone season in the central Pacific. Honolulu Star-Advertiser.
AbsoluteClimo Announces New Products, Monumental Updates, Partnership with Liberate AI for Healthcare
5 June 2023, Singapore
Northeast Italy's May 2023 Flooding Tail Risk Correctly Predicted by AbsoluteClimo >1 Year Ahead
21 May 2023, Honolulu Hawaii
In November 2021, G๏TCHA correctly forecast northeast Italy's anamalous May 2023 flooding, including Emilia-Romagna and Ravenna. Press release.
AbsoluteClimo Announces 2023 Central Pacific Hurricane Season Forecast
12 May 2023, Honolulu Hawaii
AbsoluteClimo expects a near normal 2023 Central Pacific hurricane season. Press release.
YOY Forecast: Risk Up 37%, Tail Risk Remains Low, Confidence Up.
Clim๏Cats 2022 forecast verified as correct.
សញ្ញាគំរាមនៃគ្រោះទឹកជំនន់ និងគ្រោះរាំងស្ងួតត្រូវបានយកចិត្តទុកដាក់ពីរដ្ឋាភិបាល
23 March 2023, Phnom Penh, Kingdom of Cambodia
ភ្នំពេញៈ ក្រសួងឧស្សាហកម្ម វិទ្យាសាស្រ្ត បច្ចេកវិទ្យា និងនវានុវត្តន៍បានរៀបចំវគ្គបណ្តុះបណ្តាលខ្លីស្តីពី “សញ្ញាគំរាមនៃគ្រោះទឹកជំនន់ និងគ្រោះរាំងស្ងួត”។
លោក Brendan Lane Larson បានធ្វើបទបង្ហាញ និងអំពីសាវតានៃ AbsoluteClimo.
Cambodia Financial Times.
AbsoluteClimo at Pension Bridge: Climate Change & Asset Classes
28 February & 1 March 2023, Beverly Hills California USA
"Climate Change impacts every Asset Class in every Geography. How can Investors Successfully Manage such a broad series of Risks while delivering Superior Returns?"
AbsoluteClimo's Brendan Lane Larson contributed to a deep-dive discussion on Climate Change & Asset Classes at the fourth annual Pension Bridge ESG Summit {renamed Pension Bridge Sustainability} on a panel moderated by Bhavika Vyas Vincent, Managing Director, StepStone Group, with fellow panelists: Michel Léveillée, Director, Sustainability, Caisse de dépôt et placement du Québec (CDPQ), Tony Campos, Head of Sustainable Investments, FTSE Russell, An LSEG Business and Kenneth Robertson, Head of Client Portfolio Management Sustainable Investing, Robeco.
AbsoluteClimo Announces Successful 2022 U.S. Hurricane and Japan Typhoon Season Tail Risk Forecasts
28 November 2022, Honolulu Hawaii
Florida’s Exceptionally High Hurricane Landfall Tail Risk Forecast Verifies As Correct
Japan’s Zero Super Typhoon Landfalls and Low Tail Risk Forecast Verifies As Correct
Florida Hurricane, Japan Typhoon Insured Losses Tail Risk Forecasts Directionally Correct
AbsoluteClimo’s Skillful Climate Forecasts Empower Reinsurers to Reinstall Industry Trust
December 1 update: Munich Re & Swiss Re release hurricane Ian insured loss estimates of US$ 60bn (excl. NFIP1 flood) and US$ 50bn - $65bn respectively, corroborating AbsoluteClimo's directionally correct 1 year ahead Florida tail risk insured loss forecast in excess of US$ 58 Bn (excl. flood)! 🎯
Press release
2022 Mississippi River Low Flow Climate Event Correctly Predicted
31 October 2022, Honolulu Hawaii
AbsoluteClimo’s Years Ahead Accurate Hydroclimate Forecast Verifies As Correct
Press release
River Flows Impact Renewable Energy, Agriculture, Commerce
BIG takeaway: IPCC / government climate models do not forecast streams, rivers or the Great Lakes
AbsoluteClimo at the Pension Bridge Private Equity Exclusive 2022
25 - 26 July 2022, Chicago Illinois
The longest running dedicated private equity conference in the investment industry regularly with super-star LPs and more than $6T USD of assets in the room, the 16th Pension Bridge Private Equity Exclusive included its first standalone climate panel alongside two ESG panels. Event link.
URS partners with AbsoluteClimo to offer climate risk projections
1 June 2022, New York City & Honolulu
Ultimate Risk Solutions partners with AbsoluteClimo to offer financial climate risk projections for re/insurers
AbsoluteClimo’s global climate model and financial forecasts integrated with URS's dynamic financial analysis platform helps insurers, reinsurers and insurance-linked securities understand and manage climate risk exposures. With emerging regulation, the industry can better assess physical climate risks in underwriting portfolios and influence capital allocation with the help of AbsoluteClimo's groundbreaking products and expertise teamed up with AKR Zell. Press release.
AbsoluteClimo Welcomes Paul Owens To Advisory Team
18 April 2022, San Francisco, Honolulu and Edmonton Canada
Pensions and Government Regulatory Executive With Climate and ESG Gravitas Joins AbsoluteClimo Advisory
AbsoluteClimo bolsters its diverse global advisory team, announced at Pension Bridge Annual 2022 in San Francisco. Press release.
AbsoluteClimo Unveils 2022 Central Pacific Hurricane Season Forecast
28 March 2022, Honolulu Hawaii
A Honolulu Star-Advertiser exclusive story unveils AbsoluteClimo's 2022 central Pacific hurricane season forecast with a Hawaii hurricane tracking focus.
Somewhat average hurricane ’22 season is forecast, company says - Honolulu Star-Advertiser
Long Lead Accurate Climate Forecast: 5% Rare Kona Low
Early December 2021 Hawaiʻi Flood Emergency Correctly Predicted
15 December 2021, Honolulu Hawaii
AbsoluteClimo helps neighbors, community and the world "with uncanny and unsurpassed accuracy"...
Press release.
29 January 2022: Disaster loans to be available for Hawaii homeowners and businesses impacted by Kona Low -
Hawaii News Now
Sanguine Impact Investment, AbsoluteClimo and AKR Zell Sign Letter of Intent for Green Energy ESG Climate Collaboration
18 November 2021, Utrecht Netherlands, Honolulu, Singapore
Sanguine Impact Investment, AbsoluteClimo and AKR Zell announce they have signed a letter of intent to collaborate on green energy ESG climate initiatives including green energy project bonds and long-term green energy project planning. Press release.
AbsoluteClimo Launches Clim๏Energy™
18 November 2021, Honolulu Hawaii
Helping the world with energy transition: financing, planning and decision making, AbsoluteClimo launches Clim๏Energy Press release.
AbsoluteClimo at the 2021 Global Insurance Summit: Embracing ESG
9 November 2021, Worldwide
Invited by Ultimate Risk Solutions, AbsoluteClimo's Brendan Lane Larson joins a round table discussion, Embracing ESG (Environmental, social and corporate governance), with Madhuri Kumar (Managing Director, ERM at URS), Ric Marshall (Executive Director at MSCI ESG Research), Simone Shaheen (Senior Associate, ESG Research at MSCI), and Sercan Soylu (Associate Director, Capital Markets, ESG Research at Sustainalytics). Faciliated by Tatiana Ross (Senior Credit Analyst BNY Mellon). Event flyer.
AbsoluteClimo Expects Hurricane Ida U.S. Insured Losses of $15 to $25B
3 September 2021, Honolulu Hawaii
AbsoluteClimo Expects Hurricane Ida U.S. Insured Losses of $15 to $25B Most Likely
AbsoluteClimo’s global climate and financial models are well calibrated and consistently skillful. Press release
AbsoluteClimo and AKR Zell Add ERS to Clientele
24 May 2021, Honolulu, Singapore, Basel Switzerland
AbsoluteClimo and AKR Zell provide state-of-the-art climate-finance prediction modeling and risk transfer analytics services to ERS Administration Services Ltd., domiciled in Bermuda. Press release and industry news coverage from Artemis about catastrophe bonds, insurance linked securities, reinsurance capital & investment, risk transfer intelligence.
Star-Advertiser Front Page Article Quotes AbsoluteClimo's 2021 Central Pacific Hurricane Season Forecast
20 May 2021, Honolulu Hawaii
Honolulu Star-Advertiser front page story quotes AbsoluteClimo's 2021 central Pacific hurricane season forecast, first unveiled to Hawaiʻi Building Owners and Managers Association (BOMA) more than a month ago, with NOAA and FEMA.
ESG: Insights & Implementation
11 May 2021, Toronto Canada
Invited by Bodhi Research Group and Eurex Exchange, AbsoluteClimo's Brendan Lane Larson joins Nan DasGupta (Senior Partner & Managing Director at the Boston Consulting Group), Lindsay Saldanha (Associate Portfolio Manager, OPSEU Pension Trust), Emlyn Palmer (Head of ESG Investing & Partner, Albourne), Samuel Kaharabata, PhD and Matthew Scharpf (Vice President Fixed Income Funding & Finance, Eurex) on a webinar panel to discuss Environmental, social and corporate governance (ESG) insights and implementations. Speaker biographies and flyer
AbsoluteClimo's Brendan Lane Larson Inaugurates
~Risk Management & Insurance Lecture Series~
University of Hawaiʻi at Mānoa Shidler College of Business
Weathering Through Risk & Innovation
15 April 2021, Honolulu Hawaii
Sponsored by the Department of Finance: Announcement page and Flyer
AbsoluteClimo Unveils Clim๏Cats 2021 Central Pacific Hurricane Season Forecast For Hawaiʻi Building Owners and Managers
14 April 2021, Honolulu Hawaii
Making Climate-Related Decisions and Planning With Confidence
AbsoluteClimo presented “A New Paradigm In Climate-Finance Forecasting For Better Preparedness & Planning” Press release.
AbsoluteClimo Welcomes Dr. Ajay Somani and Dr. Chris Maeda To Advisory Team
22 February 2021, New York City, Boston, Honolulu USA
Leading Practitioners in Finance, Machine Learning, Artificial Intelligence Join AbsoluteClimo Advisory
AbsoluteClimo bolsters its global advisory team. Press release.
AbsoluteClimo and AKR Zell Announce Collaboration
5 January 2021, Singapore, Honolulu, Basel
AbsoluteClimo LLC and AKR Zell Pte. Ltd. Announce Strategic Partnership
AbsoluteClimo and AKR Zell will provide the Insurance-linked securities (ILS), insurance and reinsurance industry with climate-driven risk services, with an emphasis on providing independent views of risk and addressing climate-related gaps unfulfilled by traditional industry tools. Press release.
"AbsoluteClimo, AKR Zell announce strategic partnership " Reinsurance News
"AbsoluteClimo & AKR Zell team up to provide climate-driven risk services " Artemis.bm
"Each party brings its own specialism to the collaboration, with AbsoluteClimo having a suite of cutting edge global climate physics and machine learning financial predictive models, while AKR Zell has deep reinsurance and actuarial knowledge of existing natural catastrophe models in use across ILS, insurance and reinsurance today. As well as this, the pair have a passion for improving risk transfer and helping the world become more resilient to climate related risks, with financial hedging tools a key solution both firms would like to make more widespread as well as increasingly accurate and robust."
AbsoluteClimo Advances G๏TCHA™ and Clim๏Cats™ for Business
15 November 2020, Honolulu, Hawaii
New machine learning / AI tools and a global pandemic prediction model.
The world's first and only financial models linked to consistently skillful global climate physics and machine learning predictions are even better. Press release.
"AbsoluteClimo upgrades global risk models " Reinsurance News
"AbsoluteClimo updates climate catastrophe risk & financial models " Artemis.bm
"Making decisions based on forward-looking, intelligence and machine learning-backed risk and financial models can help to transform insurance, reinsurance and ILS markets, enabling more informed decision-making for participants."
S&P Global Ratings Quotes AbsoluteClimo's 2020 Clim๏Cats™ Losses Forecast
8 September 2020, Canada, United States of America, APAC, EMEA, Latin America
Global Reinsurers Face Threat If COVID-19 Losses Are Followed By A Major Catastrophe
S&P Global Ratings forecasts the possibility of reinsurance capital events in 2020, includes quotation of Clim๏Cats 2020 probabilistic climate-driven losses forecast. S&P Global report.
Clim๏Cats™ Predicts Near Normal 2020 Atlantic & Central Pacific Hurricane Season: Airplanes, Cars, Oil Taken Out Of Circulation Potentially At Risk!
23 April 2020, Honolulu Hawaii
AbsoluteClimo predicts a near normal 2020 Atlantic and central Pacific hurricane season. Physical assets taken out of circulation during pandemic are potentially at risk! AbsoluteClimo provides CFOs, asset managers, risk officers, and pensions opportunity and a quantum of solace during unprecedented financial turmoil. Press release.
AbsoluteClimo at the inaugural Pension Bridge ESG Summit
10 - 11 February 2020, San Diego California
The inaugural Pension Bridge ESG Summit launched with great success in North America. Discussions covered a wide range of ESG (Environmental, Social and corporate Governance) topics including climate risk, across an array of asset classes, engaging the audience of senior investment professionals who were at varying stages of their ESG implementation. Event link {later renamed Pension Bridge Sustainability}
AbsoluteClimo’s $153B 2019 Global Total Losses Forecast Near Perfect
14 January 2020, Chicago Illinois
AbsoluteClimo's Non-Repudiated Near Perfect 2019 Global Total Losses Forecast of $153B USD
AbsoluteClimo Expects 2020 Global Total Losses of $110B USD
AbsoluteClimo Extends Skillful Prediction Horizon to Five Years, Includes Earthquakes & Volcanoes (World First)
Munich Re reports overall losses from natural catastrophes of US$ 150bn: AbsoluteClimo’s non-repudiated 2019 forecast of $153B USD in expected global total losses was right on the money and near perfect. AbsoluteClimo expects 2020 global total losses of $110B USD and announces extension of skillful climate risk prediction horizon to five years, including forecasts of financial losses and casualties from major earthquakes and volcanic eruptions worldwide (world first innovation). Press release.
"AbsoluteClimo’s climate risk models forecast fewer economic losses in 2020 " Artemis.bm – Catastrophe Bonds, ILS, Reinsurance, Risk Transfer
"A year ago, AbsoluteClimo came out with a forecast from its ClimoCats model, which suggested near normal expected global total climate-driven catastrophe losses of $153 billion, with a probability range of $90 billion (best) to $257 billion (worst). In the end that appears to have been very close to the money, as reinsurance firm Munich Re preliminarily estimated 2019 economic catastrophe losses at $150 billion."
AbsoluteClimo’s 2019 Seasonal Hurricane, Typhoon Predictions Second To None
20 December 2019, Honolulu Hawaii
The 2019 northern hemisphere hurricane, typhoon season results are in the books ex-post. Ex-ante, AbsoluteClimo's non-repudiated seasonal count forecasts were second to none: near perfect in the western and eastern Pacific, perfect in the central Pacific, and financially directionally correct in the Atlantic. Press release year end summary.
AbsoluteClimo at the Singapore International Reinsurance Conference (SIRC)
29 October - 1 November 2019, Singapore
Asia Insurance Review Podcast
The climate emergency, by Ahmad Zaki | 31 October 2019
"On the sidelines of the 16th SIRC, we sat down with AbsoluteClimo co-founder and climatologist Brendan Lane Larson, visiting from the US, about how climate drives the weather and how insurers can manage the risks caused by climate change."
SIRC event page.
AbsoluteClimo at Future Focus 2019 - Sustainability and Resilience
15 October 2019, Honolulu Hawaii
Invited by the University of Hawai‘i Research and Innovation and the Hawai'i Business Roundtable, AbsoluteClimo's Brendan Lane Larson joins Dennis Furukawa (Founder & CEO, Real Green Power), Erin Hughey (Director of Global Operations, Pacific Disaster Center Global), Dan Jenkins (Co-Founder / CTO, Diagenetix), and Bryan Koon (Vice President for Homeland Security and Emergency Management, IEM) on a panel to discuss "Disruptive Technologies in Disaster & Resiliency Management". The Future Focus 2019 conference theme is "Sustainability and Resilience: A focus on efforts to combat sea level rise and other climate change issues through science, engineering, cybersecurity and innovation". Moderated by Karl Kim Director of the Disaster Management & Humanitarian Assistance Program, National Disaster Preparedness Training Center (NDPTC) at the University of Hawai‘i Mānoa. Event page.
Hurricane Forecast Agencies Pivot Toward AbsoluteClimo
12 August 2019, Honolulu Hawaii
AbsoluteClimo's world leading climate-finance risk models remain on course, as traditional hurricane forecast agencies reactively prevacate and pivot toward AbsoluteClimo's year ago hurricane count forecasts. Press release.
AbsoluteClimo at the Insurance-linked securities (ILS) Asia Conference Singapore
11 July 2019, Singapore
The fourth annual ILS Asia conference, hosted by Artemis with 180 attending to discuss Insurance-linkded securities (ILS) activity in Asia. Discussions including the resilience of ILS as an asset class including two heavy catastrophe loss years in Asia, emerging trends in the ILS market, and future growth opportunities relevant for the regional market in Asia Pacific. Event link.
Clim๏Cats™ Predicts A Below Normal 2019 Central Pacific Hurricane Season
31 May 2019, Honolulu Hawaii
AbsoluteClimo's Clim๏Cats is predicting a below normal 2019 Central Pacific Hurricane Season. Risk direction pointing lower is encouraging news especially for Hawaii after last year's above normal season. Press release.
"Hawaii climate modeling company expects less risk this hurricane season " Honolulu Star-Advertiser
AbsoluteClimo at the Worldwide Broker Network Global Conference
24 - 27 April 2019, Boston Massachusetts
Brendan Lane Larson Presents at the WBN Global Conference, 30th AnniversaryAbsoluteClimo Reveals Its 2019 Forecasts of West Pacific Typhoons, Atlantic Hurricanes, U.S. Hurricane Total Losses (Billions of $ USD)
Invited by the WBN Board of Directors, AbsoluteClimo Co-Founder, Climatologist and Physical Meteorologist Brendan Lane Larson presented G๏TCHA and Clim๏Cats for forward-looking climate assessment vs. traditional historical data for insurers to better plan and hedge risk. Brendan was a special guest presenter alongside keynote presentations from Nicholas Burns (Former U.S. Ambassador to NATO and Harvard Kennedy School Board of Directors Faculty) and Michael McRaith (Former Director U.S. Office of Insurance and Managing Director, Blackstone Insurance Solutions). @WBNGlobal and WBN LinkedIn
"Above average Atlantic hurricane & west-Pacific typhoon seasons forecast by AbsoluteClimo " Artemis.bm – Catastrophe Bonds, ILS, Reinsurance, Risk Transfer
AbsoluteClimo Announces Clim๏Cats™
Predicts 2019 Global total climate cat losses of $153 Billion
18 February 2019, Honolulu Hawaii
The World's First Catastrophic Risk Models Linked To Skillful Climate Physics Predictions
Clim๏Cats are the world's first climate cat risk models linked to (G๏TCHA's) skillful global climate physics predictions, enabling businesses to take views ex-ante for climate cat risk related decisions with lead times up to three years. Available to any business concerned about climate-driven catastrophic perils. Press release.
A snow leopard (Uncia uncia) walks in the snow, image
copyright
Bernard Landgraf.
"AbsoluteClimo announces new cat model, predicts $153bn losses in 2019 " Reinsurance News
"Climate catastrophe risk models launched by AbsoluteClimo " Artemis.bm – Catastrophe Bonds, ILS, Reinsurance, Risk Transfer
Climate Drives Weather: Winter Storm Hits Honolulu With Tropical Storm Strength Wind
12 February 2019, Honolulu Hawaii
Cleanup gets underway after powerful gusts and high surf"Brendan Lane Larson, co-founder of AbsoluteClimo, a Honolulu-based climate forecasting and risk management company, said the weekend storm, at least in Honolulu, was worse than when Hurricane Lane was measured approaching Daniel K. Inouye International Airport." Honolulu Star-Advertiser.
AbsoluteClimo Unaffected By Government Shutdowns
10 January 2019, Honolulu Hawaii
Unlike nearly all public and private sector weather and climate services and apps, AbsoluteClimo's G๏TCHA climate model is independent and completely unaffected by government shutdowns worldwide. Current U.S. government shutdown worsens NOAA's weather and climate model accuracy, impacting nearly "everything". Businesses can count on AbsoluteClimo. Press release.
El Niño Was a No-Show, As AbsoluteClimo Predicted Sept. Through Nov. 2018
12 December 2018, Honolulu Hawaii
El Niño was a no-show September through November 2018 as AbsoluteClimo's G๏TCHA climate model predicted, contrary to a consensus of world government climate models. Climate-sensitive businesses care about financial impact, not jargon. Press release.
AbsoluteClimo Predicts Neutral NINO3.4 Conditions Sept. Through Nov. 2018
10 September 2018, Honolulu Hawaii
AbsoluteClimo's global climate dynamics model, G๏TCHA, disagrees with a consensus of world government climate models which are predicting El Niño to develop this September through November. Have the legacy models lost their minds? Press release.
AbsoluteClimo at the Swiss Re 8th Weather & Energy Conference
5 June 2018, Munich Germany
Invited by Swiss Re Corporate Solutions, AbsoluteClimo Co-Founder Brendan Lane Larson joins Jean-Louis Bertrand from Institut Louis Bachelier and Waleed El-Ramly of ZE PowerGroup Inc. on a panel to present and share their recent experience about the data explosion and what it means for the energy business, or for the identification and management of weather risk. Moderated by Mark Stephens Row from The Weather Company (an IBM Business). Event page archive.
Machine Learning and its Applications in Investment and Risk
9 May 2018, Edmonton Alberta Canada
Invited by the Edmonton Chapter of the Professional Risk Managers' International Association, AbsoluteClimo Co-Founder Brendan Lane Larson joins Vasant Dhar (Founder of hedge fund SCT Capital Management) and Ryan LaFond (Deputy CIO of systematic hedge fund Algert Global) on a panel to present and share their world leading research and practical experience applying machine learning techniques in finance and risk management. Moderated by Dr. Ranjan Bhaduri, President and CEO of Bodhi Research Group, at the head office of the Alberta Investment Management Corp. Event page.
AbsoluteClimo Presents at The Montgomery Summit
8 March 2017, Santa Monica California USA
Selected from 4,000 nominated companies, AbsoluteClimo presents breakthrough climate forecasting technology for enterprise risk management to exclusive audience of innovators, investors and business leaders at The Montgomery Summit 2017. Press release.
Brendan Lane Larson, Co-Founder of AbsoluteClimo, speaks with Jacki Karsh for MontyTV at The Montgomery Summit 2017.