Prediction Markets, Parametrics and Rethinking Weather Risk With Dr. Partick Brown

For decades, insurers, reinsurers and energy companies have relied on models, parametrics, and traditional hedges to manage hurricane and weather exposure. But what if markets could continuously price those risks — in real time — and let anyone transfer or hedge them instantly?

In this episode I’m joined by Dr. Patrick Brown, Head of Climate Analytics Interactive Brokers

 to talk about modeling the models, forecast contracts, and whether prediction markets could become the next tool in the risk-transfer stack for the institutional market.

Creators and Guests

Host

Christopher Westfall

Editor, Owner Risk Market News

Guest

Patrick Brown, Ph.D.

Dr. Patrick Brown is Head of Climate Analytics Interactive Brokers

What is Risky Science Podcast?

The Risky Science Podcast features conversations with scientists, insurers, investors, portfolio managers, and others about the evolving science of predicting and modeling risk across both natural and man-made perils.