Global Event Vulnerability Estimation System (GEVES)

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Luca Leone
[email protected]
tel: 01223 460475

The Global Event Vulnerability Estimation System (GEVES) is a model for estimating losses to property portfolios from catastrophe events. Designed for insurance and reinsurance applications, GEVES is designed to be integrated with clients’ existing hazard models to upgrade their loss estimation capability, or to be used on a standalone basis to estimate losses from a given event.

Initially focused on earthquake risk, the GEVES model range has in recent years been broadened to a multi-peril capability with the development of typhoon vulnerability models for China and Japan. These models utilise the underlying GEVES structure and methodology but adapt them to the requirements of windstorm modelling.

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