Clim๏Cats

Clim๏Cats is a family of natural catastrophe (cat) risk based predictive models which forecast impacts and financial losses worldwide with skill, with up to three five years lead time. Clim๏Cats are the world's first cat risk models linked to skillful climate physics predictions. Clim๏Cats also includes climate-driven non-catastrophic and risk based commodity predictive models.

Clim๏Cats integrates with G๏TCHA, AbsoluteClimo's proprietary global climate physics model, to drive cat loss and non-cat outcomes. Clim๏Cats uses a novel machine learning predictive engine which links climate physics with financial impacts and risk. Cat losses generated by Clim๏Cats are normalized for inflation, population and other exposure or business related changes.

Clim๏Cats vs Traditional Cat Models: The old blind cat is out of the bag

Traditional cat models, which have been around for 20 to 30 years, rely on historical data, statistics, Monte Carlo simulations and probabilities to take views of natural catastrophe risk based on the past. Unfortunately, the trend is not your friend. These rear view mirror methods have become less reliable under a dynamic climate (change) regime, resulting in the old cat models becoming increasingly "blind" to tail risk events such as wildfires, while catching insurance companies and actuaries by surprise.

Traditional cat models can not integrate with traditional climate physics models because they too are unreliable and are likely to remain unreliable for another 20 to 30 years due to their flaws. Who has time to wait around three more decades for the old cat models to perhaps one day get transplant surgery to improve their frameworks?

AbsoluteClimo took a fresh approach to cat risk predictive modeling by linking and integrating Clim๏Cats with its global climate physics model, representing a welcome new direction in cat risk modeling. With Clim๏Cats, AbsoluteClimo does the heavy lifting forecasting climate-driven cat loss outcomes or related business-meaningful non-cat outcomes. There is no need to get lost in an ocean of "big climate data", understand climate physics jargon, deal with unfamiliar gridded data sets, or hire intermediaries stuck in an infinite loop of fortune-telling from reading the tea leaves of the 30 year old antiquted El Niño La Niña Southern Oscillation (ENSO) paradigm.

Meet the Clim๏Cats Family

Global Cat Losses and Events:

  • Total Losses

  • Convective Storms (tornadoes, thunderstorms, lightning, wind, hail)

  • Tropical Cyclones (Atlantic Ocean)

  • Tropical Cyclones (Eastern Pacific Ocean )

  • Tropical Cyclones (Central Pacific Ocean)

  • Tropical Cyclones (Western Pacific Ocean)

  • Winter Storms

  • Wildfires

  • Droughts

  • Floods

  • Earthquakes

  • Volcanoes

Regions:

  • Australia

  • China

  • Europe

  • Japan

  • North America (U.S., Canada)

  • Others on demand

Commodities:

  • World Cocoa Yields

  • Brazil Coffee Yields

  • United States Corn Yields

  • United States Soybeans Yields

  • United States Wheat Yields

  • Cattle

  • Natural Gas Average Annual Price

Non-Cat:

  • U.S. Skier Visits

Contact AbsoluteClimo for data licensing and to learn how Clim๏Cats can help your business: info@absoluteclimo.com