Re: El Nino

Richard D. Phillips ( (no email) )
Fri, 31 Oct 1997 16:15:56 -0500

I recently read that Goldman Sachs is developing an El Nino index with some
academics from Columbia University. I anticipate they will use the index
to construct private placement debt instruments much like the securities
they developed with USAA. Interesting concept.

At 11:09 AM 10/31/1997 -0500, you wrote:
>Dear CASNetters:
>
>I am in the process of writing an article on how casualty insurers (or
>reinsurers) are preparing for anticipated weather effects caused by the El
Nino
>ocean warming (and by global warming in general). If anyone can provide me
>with some information on how individual companies are preparing (or not), I
>would certainly appreciate it. References to other material on this subject
>would also be helpful. Feel free to email me privately at
ruy.cardoso@ey.com.
>
>Thanks.
>
>Ruy Cardoso
>Senior Consulting Actuary
>Ernst & Young LLP

Richard D. Phillips
-----------------------------------------------------
Department of Risk Management and Insurance
Georgia State University Work: (404)651-3397
PO Box 4036 Fax: (404)651-4219
Atlanta, GA 30302-4036 E-Mail: rphillips@gsu.edu

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