In 2022, how many weather/climate disaster events with losses exceeding $1 billion each affected the United States?
18
What famous engineer has the most U.S. patents and how many?
Thomas Edison (1093)
What does “EP” stand for in an EP curve?
Exceedance Probability
What is a catastrophe bond?
A high-yield debt instrument that is designed to raise money for companies in the insurance industry in the event of a natural disaster
What’s Daniel Smith’s favorite outdoor hobby?
Rock climbing
How many tropical cyclone events exceeded $1 billion dollars in losses in 2022?
Three
Who is “the father of soil mechanics”?
Karl Terzaghi
What are the four primary components of a catastrophe model?
Event, Hazard, Vulnerability, and Financial modules
What does “ILS” stand for?
Insurance-Linked Securities
Where did Bob Schiller live before his current home in Asheville, NC?
Chicago
In what two months do the most tornadoes occur in the United States?
April and May
What caused the Tacoman Narrows suspension bridge collapse in 1940?
The wind
What does AAL stand for?
Average Annual Loss
What did the first insurance contracts from Lloyds of London cover?
Ships and their cargo
How many kids does Rich Krupar have?
Three
What wind speed is needed for a tropical storm to be considered a hurricane?
74 mph
The dimples reduce drag and allow the ball to travel further than a smooth ball.
What two catastrophe model vendors are used by SageSure to generate natural catastrophe losses?
RMS and Verisk
Who founded America’s oldest insurance company?
Benjamin Franklin
Where did Veronica Fall get her master’s degree in meteorology from?
University of Oklahoma
What is the Saffir-Simpson scale used to measure?
Hurricane Intensity
Where is the longest bridge in the world?
China (Danyan-Kashang)
What does “PML” stand for?
Probable Maximum Loss
What does coverage D provide limit for?
Business income/ business interruption
What sport did Sarah Borg play in college?
Soccer