Publish Date: August 16, 2013
Article Source: Trading Risk
Article Link: www.aer.com/news-events/in-the-news/2013/fermat-supports-tornado-research-programme
Trading Risk article link: Fermat supports tornado research programme.
"The study will also assess whether certain locations are more prone to tornado activity, after the Oklahoma City storms this year affected sites that had previously suffered tornado damage.
"Fermat co-founder John Seo said that AER's model could help close the gaps between the scientific community and the insurance industry's research into emerging risks.
" 'Our particular motivation for participating in AER's Emerging Risk research program is to enable us to identify new risk transfer opportunities and expand the insurance-linked securities market beyond conventional risks in a responsible way.' "
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