Wednesday, January 17, 2018

Peak Re to partner with Shanghai Typhoon Institute

Peak Re announced on 4 June that it would be partnering with the Shanghai Typhoon Institute (STI) of the China Meteorological Administration.

The collaboration will focus on research projects related to North West Pacific basin and South China Sea tropical cyclone activities and the impact of these cyclones on the insurance market.

Lawrence Cheng, Head of Analytics for Peak Re said that Peak Re was excited about this exclusive partnership and were delighted to contribute to the advancement of valuable forecasting on China typhoon activities.

Dr. Lei Xiaotu, Head of STI, said that the collaboration would not only promote cutting-edge scientific research, but also assist the insurance industry to better quantify and manage risks.

 

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