Tag: geospatial data
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What role does geospatial data play in catastrophe modeling?
Geospatial data is a foundational component of catastrophe modeling, providing the spatial context needed to understand hazards, exposure, vulnerability, and potential losses associated with natural and human-induced disasters. Insurance companies, reinsurers, catastrophe modelers, government agencies, and risk managers rely on geospatial information to quantify risk and evaluate the potential impacts of extreme events across different…