Imelda Powers has advised worldwide (re)insurers on catastrophe exposure management for more than 20 years. Her works include model development, statistical simulation and insurance-linked securities. Recent focus is on model validation and change management.
Dr. Powers has published in academic and industry journals. She received her PhD in operations research with a concentration in game theory from Yale University.
Since commercial catastrophe models were introduced in the 1980s, they have become an integral part of the global (re)insurance industry. Underwriters depend on them to price risk, management uses them to set business strategies and rating agencies and regulators consider them in their analyses. Yet new scientific discoveries and claims insights regularly reshape our view […]