Specialization
Climate and natural catastrophes
1 certification·3 courses·2 hrs a week over 2 weeks
Why natural catastrophe cover waits for an administrative act nobody applied for at the time of the loss; what the abnormal intensity criterion actually measures; why drought has become the regime's most disputed peril although it breaks nothing all at once; and what the figure a catastrophe model returns on a portfolio does, and does not, say.
Climate and CATNAT·3 courses, about 1 hr each
Who it is for
Property and natural catastrophe underwriters, claims handlers, loss adjusters, catastrophe modellers, brokers of large industrial accounts, multi-site program managers.
What you will be able to do
- ·Locate the trigger of natural catastrophe cover in the administrative order rather than in the loss, and say what an insured can do when its commune is not listed.
- ·State what the abnormal intensity criterion measures and what it does not, and read a refusal of recognition for what it is.
- ·Handle a clay shrink-swell claim spanning several years, separating the determining cause from earlier disorders.
- ·Compute what a statutory deductible leaves with an insured, and say what its modulation actually sanctions.
- ·Draw the boundary between natural catastrophe cover and storm cover on a single loss, and say which responds to which damage.
- ·State by which route a stoppage is indemnified after a natural event, and which route stays shut to a company that suffered no physical damage.
- ·Decompose a change in modeled loss into hazard, vulnerability and exposure, changing one term at a time.
- ·Translate a return period into an annual probability, and say why a hazard return period is not a loss return period.
- ·Tell an occurrence exceedance curve from an aggregate one, and say which answers the question asked.
- ·Investigate a gap between two models on one portfolio, separating what comes from the data from what comes from a difference of view.
- ·Tell regulatory zoning from a hazard map and from a rating zone, and say what each of them does not say.
- ·Attach an accumulation to the peril's unit rather than the administrative grain, and name what that change brings to light.
- ·Read a drought burden over three rolling years, and say why the current year does not show it.
- ·Place a loss figure on either side of the regime's proportional cession and annual protection.
The syllabus
What triggers the cover, and who decides it?
6 modules · about 45 min
- 01The cover that waits for an administrative order · 8 min of readingFree module
- 02Abnormal intensity, and what the criterion actually measures · 9 min of reading
- 03Drought and clay, or the loss that takes ten years · 8 min of reading
- 04The statutory deductible, the one you cannot buy back · 8 min of reading
- 05Wind and water on the same roof · 8 min of reading
- 06The walls are dry, the order book is empty · 8 min of reading
How much can this peril cost, and who computed it?
7 modules · about 1 hr
- 01Three quantities wrongly added together · 8 min of reading
- 02The curve that turns a water depth into money · 8 min of reading
- 03The hundred-year event that comes twice in ten years · 8 min of reading
- 04The event that never happened · 8 min of reading
- 05Two curves read for the same thing · 8 min of reading
- 06Two models, one portfolio, two answers · 8 min of reading
- 07The model is sound, the file is not · 8 min of reading
Where are my risks, and what do they lose together?
7 modules · about 1 hr
- 01The map says no, the water says yes · 8 min of reading
- 02The slope above the warehouse · 8 min of reading
- 03Counting what falls together · 8 min of reading
- 04The costliest peril, and the slowest · 8 min of reading
- 05A rate nobody can adjust · 8 min of reading
- 06The reinsurer the state stands behind · 8 min of reading
- 07The same day, across four lines · 8 min of reading
The assessment
The certification is validated by a multiple-choice assessment, unproctored and with a public answer key. It gates delivery of the certificate at the threshold below; it does not prove knowledge under supervision.
38 questions·threshold 70 %
What this certification does not prove
This certification attests to an understanding of the natural catastrophe regime and of the cover mechanisms applying to climate perils. It attests to no underwriting experience, no professional authorization, no building surveying competence, and it prepares for no regulatory examination.
Private certification issued by AlgoPolis under its sole authority. It is not registered with France Compétences, in either the RNCP or the specific register, and does not qualify for the French personal training account.